wondered what you guys think the true value of SFB is and its value on the current share price..........seeing as the value is around 17 million to 50 million pounds with our current market cap of 6 million pounds.....anyone buying now is getting in at a steal imo.
" I do not know what the cost of production would be but assuming that it is $10 per barrel then the profit would be $3,449,250 (£2,650,000) per annum. "
MG how much would 300bopd bring in terms of money for the company a year?..........want to see if we have similar figures? I have filtered most of these posters anyway makes my life so much easier not having to read through their drivel.......
kelsbels I do feel for you as I got in at current levels.......however I am almost certain instead of moaning and supporting your investment im pretty much youll get your 1.5p exit...In fact if i was you I would be topping up currently for the next push so you make a little coin too. Africa will come through for Zenith just little patience required.
fiah I personally believe AC pulled a blinder during covid.....whilst most oilers struggling badly he secured great assets in African that can transform this company into higher than its previous highs.
As they say BUY WHEN OTHERS ARE FEARFUL.....this is my biggest holding now and I will hold till African reaches its potential.
and there we go my last buy for the week......my whole holding in this stock now.....if its good enough for Shell to back this company then its good enough for me
nice post MadPump 2.5p is fine with me.......for the meantime anyway.......thats 400% rise as you put it which could make lot of new investors a decent profit.