Exactly speel, good post,. I've lost 80% of 10k investment. Put another 10k in Arrow which is a proper run company,something art could learn from. All the best.
I think he/she might have rounded up. Anyway clearly valuation is bonkers considering price of gas etc and Tunisia hopefully increasing production next quarter.
RE: Big re rate coming, Russia halts Oil supply!!10 Aug 2022 16:14
There of course is the resource in the ground just check the presentation. The key is getting it to the surface and maintained. pumps should help in Tunisia
The Company performed a lifting in April 2022 of 42,000 bbls of Tunisian crude oil at a price of $104.79/bbl. Revenue will be recognised in the second quarter of 2022. Another 4million needs to be added