The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
"The government in Riyadh relied on the oil sector for 63 per cent of its total revenue in 2017, according to the prospectus. The tax take from the kingdom meant the oil company made approximately $26 a barrel last year compared with $38 a barrel for Royal Dutch Shell and $31 a barrel for France’s Total. In 2018 Saudi Aramco generated $224bn of earnings before interest, tax, depreciation and amortisation."
With current oil price ukog will be making over $50 per barrel profit...
Let that sink in...
Revenue was only 316k?
Market cap over 30 million....
Great potential but I'm afraid mcap was too high...
Will be in on the drop...
With 2 million in cash and looking to invest more looks like further raise will be needed?
https://www.thisismoney.co.uk/money/markets/article-6879147/amp/MARKET-REPORT-Rolls-Royce-rocked-Singapore-Airlines-grounds-two-jets-engine-trouble.html?ito=twitter_share_article-factbox&__twitter_impression=true
Good to see news coverage...
I'm expecting it to hit 0.18 today...
I posted this while back on here and suggest SNT could be the one taking advantage of this and looks very likely they are
https://www.dailymail.co.uk/news/article-6804685/amp/Fossil-fuel-heating-systems-BANNED-new-build-houses.html?__twitter_impression=true
Lol my bad missed the decimal
Confidence is back in SNT as it shows they can convert their 10 million pipeline. Although already have 10% of that now. Shows their team is doing the right thing by reducing costs and working on sales to turn the free period to sales now.
https://www.theguardian.com/society/2019/mar/06/nhs-cancer-centre-loses-scanning-contract-to-private-firm?CMP=share_btn_tw
Imagine feedback takes it?