RE: Opportunity16 Jul 2018 13:27
Hi lee i am confused by your question but seems to be a question about risk.
With a oil/gas company there is lots to consider.
- vaule of assets whats in the ground
- costs of production
- rate of production
- debt levels and who did they owe
- price they get for production
- in country risk poltical etc
- honesty of the board
I can go onfor ages but if i company is well funded and producing the risk is less than some other sector companies. The biggest risk with echo is flow rates but we know similar near by drills have great flow rates
This is safe as it gets but when you get paid is upto the market