RE: Volatility3 Jul 2020 18:00
I am rather bemused to see the current SP at below 6p and not long ago sp was in the 40s...
Even if the production dropped by a third with all in cost pb slightly higher but still doesn’t justify where we are now....
Well the market doesn’t like HUR and punishing us severely for misleading it!? If this was the right word..
Otherwise we are profitable, producing 12k bp a day , problems are being looked at and to be rectified, alternative possibilities of rich assets to be explored,new bod appointment with a new ceo. Then Company aims to increase productivity,cuts costs,reserve and protect free cash flow and realise shareholders value..
So what’s not to like!?
Well ..patience is required ,maybe a lot of it..
Holding long and strong..