RE: trying to buy15 Nov 2017 09:14
Its all there from recent RNS's
Hinting the revaluation;
"Furthermore, it should also be noted that the Company's initial investment in this licence represented a very significant discount to the amount that had been invested historically by other parties. Going forward, as the partnership's plans for the development of the licence progress and are further refined, and as other factors change, the Company's valuation of this investment may clearly be subject to adjustment"
Operation savings and new price of oil;
"As referred to by Panoro, the partnership has already managed to reduce operating costs and continues to focus on improving margins against the background of an increasing oil price. "
Gas reserves where we have not herd of the rates yet;
" the Aje Field is believed to hold significant resources of gas, the partnership is continuing to progress plans for the development of the gas and to discuss the best strategy for the development of the licence going forward."