RE: Any ideas17 Nov 2015 12:54
Although Stockdale there is a correlation between the price of oil and our share price. In June when oil was up at $65 we were 13p. Our fall is greater since, as with most small oil companies, but does not represent the fact that we have growing gas income at fixed rates. The markets need to know this and Mitch and co. have to get the message out there. More broker coverage was promised and is now badly needed. Next RNS needs to be positive ie confirmation of funding extension, news on Gulfsands assets or directors buys. With price of oil this low I cannot see the Tunisia farm out happening this year now.