RE: Operation updates11 Nov 2021 07:01
People talk about this share as if it was a normal O and G and yet hoping for the share of a life time and yet it stairs them in the face. Fact, pay cheques are covered by legacy wells any thing after drilling less tax is yours per share. Part of that will be a dividend and the balance to a degree returned to you with free shares or bonus dividends. I might consider an off at £150 per share but doubtful as one is only limited by ones imagination, could l be right or wrong, no one could tell me. Eighteen months ago l said five from five wells an idiot than as now.
Each time we get news the results get better or unexpected. Like this idiot, we have a madman in charge, a wall of cash coming what CEO talks like that, best in thirty five years, like he never drilled an oil well. The blokes so mad suggested we would find hydro carbons on the most drilled place on the planet and the fools bought the share at 8p, crazy people.
Then the madman goes and finds oil in crap rock, can't be any in the good rock. Then the fools tells us l got twenty years of drilling for what. As they say let the idiots stick together, at least the fools can say no to a sale offer while the clever one make the pennies.