RE: GOLD6 May 2024 23:20
@KevR, EOG is land based, mainly from a single well, the others very very small contributions to production..But a company thats slow, depends on others actions, dogged by the Irish Greens anti fossil policies...
BCE, owning its own destiny...
What we want is an update, saying its flowing under natural pressure, and exceeding expected rates.. nice and ambiguous, that could be 900bopd, or just more than expected without a pump... :)
But a good rate without a pump, leaves room for assisted improvements
I think the last high 0.15p about 13.5bn shares, gave an MC of about £20m
0.2p about £27m....
So where's 1p and a £185m MC coming from ?