RE: RE: Almost there.3 Nov 2019 10:32
Morning Stewart.
Like you gutted however, better team turned up on the day so fair enough.
Well done SA great performance.
I try to be over conservative on potential and the $30 was taken from BPCs own assessment of POO @ $30 makes the prospect viable.
If I am going out on a limb I believe your numbers are probably more likely and I would add that I actually believe POO is going to go much higher over next ten years.
The reason - The 3rd world as we used to empirically call it is exploding both in population and spending power. Too many folks concentrate on oil as being fuel and whilst electric/hydrogen etc will permeate the system oil is here to stay - until it runs out when it will become very very expensive.
I also believe we are close to Brexit being done and US/China trade deal which will see oil rise.
I am now going to sulk for another 24 hrs and I think 5 o’clock somewhere is going to be a bit earlier today.
Good luck mon ami.
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