Its up 500% from that low of 57p - I thought they were done that day. You see the poster on their board Hawkey (lovely chap). He put his life savings in and pension (all under 100p). He was topping up under 80 lots.
They always had a good chunk of cash in the bank a good debt multiple on EBIT. Just one customer - the KRG and they stopped paying for a while! Their Taq Taq field was in decline also - looks like they are getting into new stuff.
You need to leave to come back.
While I like to lock in wins and trade your sell today confused me. We are through the API and EIA and momentum is with the share.
Cookie - the word clever is not correct to describe it.
I just burst out laughing at my desk because I read Hydraides posts from 7:34 onwards - you can feel the ride he has been on today.
I had a look at it also - if it rises after any news get out of it.
They pretty much can't afford to develop anything that they are successful at trialling.
Endless dilution game and already at a year high.
Hydraides, i agree on debt. I get the phasing and capex bit but doubt the market will forgive such a poor reduction.
I still think its a good update as the last unknown - catcher - now confirmed!