RE: £3 a share by May 202323 Oct 2022 17:15
CW -my thoughts are £2 ish by May 23 -it literally cannot be less !!!
Once Cascadura is online at initial 90 mmcf/day plus 1500 boe liquids ,added to Coho 10mmcf/day, added to existing production of 1400 bopd , added to Royston sidetrack success- maybe 800 bopd then we will be up at around 14500 boepd by May 23
If Royston ST is a hit then that opens up 10k bopd development, added to Cascadura development wells and I can see £3.50 in a years time or so (pushing 30000 boepd)
Nailed on without any risk of successful future drilling
This is a no brainer to me-£4 in 2024 with 6% Divi’s - I’ve jumped about a bit chasing rainbows in the past but I can seriously see a crock of gold at the end of TXP,s rainbow
I am not waxing lyrical this is the real deal -albeit very delayed !!
GLA