RE: Intrinsic value13 Feb 2020 10:44
True James, you could have made a good case of the great potential of the share when they found oil last year over your 3, 6 and 18 month timeframes. £3 was considered themail destination. We all know what happened afterwards.
You have many global economic factors to consider also. The stock has potential! How much, we'll have to wait and see. I've seen plenty of similar companies overtaken by global events. The PI rarely comes out of those situations unscathed.
Bottom line is despite all this talk of world class reserves, CPR and vast potential, I've not heard of any large stake building and the all important judge values Eco sub 40 this morning.