Risk reward !
28 Billion ....28,000,000,000x$40
4 Billion .....4,000,000,000x$40
I would settle for a dollar a barrel ! Against our current M Cap ! . Risk / Reward looks as good as it gets on AIM ! .
Let�s not forget we are talking BILLIONS of barrels of oil here not the usual millions that other AIM company�s are talking about . The modern Billion has aligned to be a thousand million . So bare minimum 4,000million X recoverable value of oil ....4,000,000,000 X recoverable value of oil . Please correct if wrong .
If it was a takeOver ( going against the RNS ) then the share value would pay a part as would previous money spent . But a simple farm out will be based on 1) money already invested 2) future value against risk 3) the time line involved . Out of intrest why open a new account to post all that ?
Hi . Looks like you were right about PROXAMA . I owe you a thank you as some where along the line you probably helped my decision to abandon that one . Did they tell untruths ? .
FRR I made it to be less than 500 million barrels of oil mmbbl being a million barrels in the oil world . A thousand million is a billion . So BPC 11 Billion to 28 Billion or even the lower safer Billions is a whole lot more . But I am sure FRR will find more from all those areas dotted about . Think they have drilled more wells than million barrels of oil discovered ...its close .
Sorry to disappoint you but FRR talking of MMBBL is million barrels of oil NOT Billion barrels of oil . Abbreviation in oil world mmbbl is million barrels of oil .
Lovely evening , I might well do the same . Enjoy life all especially the young investors ... Don�t get to carried away putting all your penny�s in AIM get some spent . GLA .
Most have filtered me already so feel free . I cross swords with Shorters , day traders and the markets pros who are paid to shake LTH free . So I get filtered a lot . LOL . Curiosity keeps the mind active I looked to see if the 2001 spelt SOMTHING but even my dislexia couldn�t make wppq spell SOMTHING so date born was the next guess , then account set up date but that is 2018 , so yes random .GLA .
Probably a �T� trade closing with a nice profit . MMs trying to squeeze the T trades to close before the next leg up . As the Brokers can see your accounts and when your �T� trades need to be close I don�t use them ! .
If we climb at around 2% every other day in a few years we will be at a fair SP reflecting between 11 BILLION BARRELS OF OIL and 22 BILLION BARRELS OF OIL with a MAJOR in exclusive talks . Lol .
Every day that passes consolidates the 200% rise . Ready for the next leg up . Big money pouring in . Farm in announcement ant time . Up grade from 28 Billion barrels ? . Happy to wait and top up as money comes in each month .