The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Stumpy I'm now sure how the market can ignore the cash in hand, steady production and the debt reduction from here. The Mcap will have to reflect this soon as fundamentals always balance out in the end.
Next year looks transformational with the K lease dropping so much and the new wells being drilled.
Looks like we will have another partner for Bressay soon.
Bressay will get the green light this year and I believe they will begin work on the field soon after
Well surely he has made a windfall then and should be subject to a permanent windfall tax, let’s say 78% of the £75 and while we are at it maybe all shops and the supermarkets should be taxed the same as they do make a windfall before and during the Christmas period.
I can’t believe the North Sea industry isn’t screaming blue murder right now. The public brainwashing from our government has been and still is made up of lies and propaganda. Why isn’t the industry coming out with a proper fight. It’s like this government ignored the horror of the Russian invasion and used it as a weapon against our own North Sea as if it was them who invaded Ukraine for the sole purpose of massively profits
When I talk to my friends and family members they all believe what the government told them - the oil and gas producers are profiteering massively with mega high oil and gas prices. I just reply and say so why are countries without their own oil and gas reserves paying half of what we do for gas and electricity then ? As you say our oil and gas is sold on the open market to the highest bidder and we don’t see any of it. Have a think about it.