RE: production slightly down but dividends coming :)13 Jan 2021 14:29
Krok is wanting a cheap entry, otherwise why would he be here spending his time highlighting how hopeless this company is? And he needs to answer how they got their cash pile in the first place whilst doubling production?? Cash must have appeared out of thin air into their account.... Additionally. Gas and oil price is now significantly higher than Q4 when cash increased by $5.7m
Basically Krok thinks this company with circa £45m cash, 4,500 boepd in production and 2p reserves of 50m boe... Is expensive.... Or does he? Answers on a post card!
In short Krok is taking absolute rubbish.