Can't see it being too swish but I'll have to pop into their new gaff sometime to pass on our best wishes. That's if they're still trading in a few months' time. Let's face it, none of them can count properly and with the collapse, in POO their Tunisian dream may already be in tatters? Someone will be expecting a handsome return on their significant investment. Let's just hope that they haven't raised capital for their Tunisian dream from the "wrong sort".
This spread isn't going to encourage any significant action but at least it continues to creep upwards. The latest Barryroe update from April 6th was quite perky. Even in the current environment, the upside potential is huge. Will sit tight to see how this one plays out.
'We are pleased to acknowledge the investment by SpotOn into Providence and the Barryroe project. We believe this demonstrates the potential value of the project is still recognised by the industry, even in the current low oil price environment. Lansdowne is currently funded through to the end of 2020 and is trading at a market valuation of less than US$0.06 per 2C barrel, with significant further resource upside"
After singing from the same hymn-sheet as his feathered friend for what seemed an eternity, marbur was crowing on twatter that he's been "in and out" of NUOG recently for some immaculately quick trades...... a likely story !