Diference between JAde and Ptal is that jade has to spend a lot of money on the depleting gs assets to make them productive and the margins are unattractive, Ptal is a pure oil play with very low production costs and very low opex and the price is also reflecting the imminent gusher of well 11h which will add another 9000 bopd at very low opex
with 11h well due to hit within 2 weeks I scratch my head at people selling , maybe they are happy with a day trade and making 5%.... Im here for a long long time
RE: Slip after slip after slip....10 Jun 2022 10:50
the Millenium dome was not on time, it was meant to be completed middle of 1999 but they were still finishing it when it opened £300 million over budget when they opened the doors
Hur are generating $1 mill per day at present, Thats £850k per day, that's over £300 mill per year,, market cap £155 mill seriously, this is a half price sale
would nice to see this get back to 1.4p before the 20th, that would be a good platform and would take us above the 20 day moving average ready for take off
zephyr was 5p in february when oil was $95pb, its now nearly 30P per barrel ore now, that's $50,000 more per day in revenue than back then or $18mill per year more..5p taking the pi55