RE: Trafigura Deal with Panoro10 Feb 2021 13:03
sometimes I think im going mad, given how undervalued this company is... what am I missing lol.
£6m Mcap
16mmboe 2P Proven Reserves
EV/2p = 38p/bl ... find me cheaper 2P anywhere... you'll struggle!
Producing 200-250boped premium to Brent. $4m+ revs pa
Expansion plans for this year to increase this production to 1000boepd Net
£1m equity in Superdilectrics targetting IPO
$100m Trafigura financing for sourcing new assets, unprecedented such a global heavyweight would provide this level of financing to such a minnow oil company. News long overdue on acquisitions.