RE: Been here before - now positive?23 Feb 2018 14:45
Agree on the Russia Geo point, but they are talking to Ukraine now and things seem to be getting better quickly... The valuation is "so far" off I think you can discount a lot of the issues until it hits a realistic price.. For me 30m would be super cheap but you could then start to think, we need some progress on X, Y and Z... But we are a long way from that...
Based on what we know, production, assets, refineries, exploration drilling, dividend, P2 reserves
This is just way too cheap.. Its cheaper than GENL and their oil is in the landlocked KRG!