u posted oversold @18p...just because the sp has fallen, doesn't make it cheap
... pumped way too high...and now faces stiff reg headwinds/challenges (perhaps not just this tax change) imv
risky country...risky company (management under cloud...Indian tax, Greenland, spend on UKCS etc)
...costs in new oil area...no infrastructure
...look at pvr/Irish Sea for low benchmark
is wot we need here
...or perhaps a 5m BoD buying spree
...this is crazily cheap ...unless the wheels have fallen off the business charabanc
...but crazy can get crazier
this is highly rated (and at least in part rightly so)...cheekily 80-85p looks decent buy back in to me...in current awful markets
...the area 50-80p would offer increasingly attractive value