It's interesting comparing both Bango's & Boku's results. BGO seems more likely to excel (50% growth rate) due to their data business. Identity is proving to be a dog. I think tho that DCB is a bad business to be in, no money to be made. All in JT's opinion.
Fair point LS but please do remember that a lot has changed since January for UOG. They are now producing! Let's see, I believe in Larkers, you need to believe too (until next week and we will truly see if he is a lying twot or not)
I recently corresponded with a broker and asked him why the sp is so low and he literally said because of Sentiment. All oil and gas companies are trading at a discount to their NAV. Besides Sentiment, this should be good to go. Unless Larkers doesn't have the luck of the Irish or that 'TRANSFORMATIONAL' pot of gold. Let's hope he is the man for the job and not full of porky pies
Tbh, I see this being a good update. Money coming from crown ($2.85m this year) and a further $1M once Hibiscus have Crown in production. Bp Hedge 6600bls per month at $60 and of course, same old 'transformational' stuff such as 3000bp per month. They are now producing and making revenue so compared to where they are last year then this is positive. But, it's all about sentiment, full value (broker targets) may not be realised in these markets. I'm not worried at all, but of course, dyor
RE: Looks like the RNS was not enough..15 Sep 2020 10:20
I think Pensioner is the man to consult with and his post was bang on. Odey may be the keenest seller of the lost. We must remember that the cash balance of £4.18m was because of the sale to NHN. Is DCB cash generative, I'm not sure.