Troubling11 Sep 2018 11:26
The thing that concerns me is the fact the Mcap in my opinion is way to high ! Look at (Cerp) one of DL's old ramptastic companies, Cerp produce between 650 - 1000 bopd (In land) with a Mcap of £31m with little debt, UKOG produces hardly anything and has a Mcap of £115m (Currently)
I cannot see justification for that value ! A correction to Fair value will prevail, always does in the end.
Just my view ! Be lucky