Not reflected in the SP.............16 Sep 2019 20:28
Mike the SP is a single measure and is affected by many factors - it does not accurately reflect the value of the company and if you accept that then you are nearer to the same view of many LTH's on here. The value will be influenced by how people view the working practices of the company in the field, their "vision" and their competence. We all know the issue with PH and his exuberant release of over egged figures - there is no point revisiting that subject it happened long ago and i in the process of being mediated. The value of the company will probably re-rate very rapidly once the production figures, gas contract, oils sales and spud date etc are announced. If you are happy sitting outside the tent pi55ing in, we are happy to sit inside the tent with our umbrellas raised against the pi55 and wind.