And back in the real world27 Oct 2018 11:40
This is FRR, nothing is cut an dry!
Whilst the figures being banded about on here would be fantastic, I don’t see it happening any time soon.
Yes if we end up in bed with a super major the SP will move north, how much is anyone’s guess!
You can bet your life any deal will not be straight cut and FRR will have to stump up cash at some point.
I have reduced my position here at a hefty loss-to an amount I am now comfortable with, I’m not deramping and nor am I dreaming, I can wait now for true value however long it takes, but other than a straight buyout or said majors dropping a few hundred mill in FRR’s bank account, this will be steady progression!
Millionaire over night? I ain’t that lucky. Enjoy the weekend folks, steady as she goes and company value grows.