From ADVFN as oil closes on 7124 Jan 2018 21:50
Oil Brent approaching 71 USD a barrel, UEN get a premium to that ;)
Some thoughts from ADVFN
Below is from the 2017 November presentation. Let's hope for more of the same in the next news.
Urals remains one of the highest ranked E&P companies (4th) on the AIM market by 2P Reserves
Russian 2P Reserves volumes dominate the AIM E&P sector and continue to trade at a significant discount
to the market average
Urals generates more operating cash flow per barrel produced than its AIM listed peers
Urals 2P Reserves trade at a discount to the market and its regional Russian and FSU peer groups Urals have continued to outperform its Russian peer group during 2017