Member Info for littlened

This is a very comprehensive overview of NFX.IMO the risk reward here persuades me to add to holding today

Yes this is stupid,a real bargain now .If anything this should trade at a premium due to its past record

It is more than a 'small'discount it is around 9% !!

There is a large discount to NAV so nothing to worry about imo

Are JVT,Chris Witty and Prof Vallance on BOD ?

Do you still own your 1 share ADUK ?

Surely it depends on what a RNS says.If its good news that will garner support

The CPR is full of caveats so no chance,But the signatories to it should be embarassed and shamed

Surely the reserves were validated by a CPR who are independent.If there is any duplicity your target should be the CPR

Arent all wells terminal ??

Article in the DT today quotes estimates of $150pb by 2023 ,maybe $200.Now that is interesting!

Has anyone else been asked to participate in a Reddit style ,anti shorting excercise ?

Well,31% of shares are held by 4 corporate investment companies so they must have some faith otherwise they would still be here

I agree,I think Chris Witty and Matt Han**** write the scripts

Some poster said a few months ago that HUR could not buy a portion of the Bonds ,it had to buy all .Anyone know the answer ?

Noone is going to buy shares ABOVE the market price,that doesnt make sense.But buying above NAV does make sense if there is a premium which might be sustainable.It s good for the company because its the only way to increase there portfolio

Poetless,I dont follow Etruscan predictions but I do follow respected economists.Market crashes do not come'out of the blue'.There are always basic understandable underlying reasons,except of course for the 'unknown unknowns'An economist I have read for 20 years who has been more right than any other thinks all major economies are in good shape,provided the recovery from the pandemic ensues.Personal and corporate finances are basically sound as is the banking system so dont bet on any 'crash'

But the company gets cash for it and the cash is more than the share value because they are sold at a premium so shareholders are better off in total.Simple maths

Where is aduk when we need him ?

In fact shares can only be issued at a premium to net asset value so it is the opposite of dilution so is to the advantage of current shareholders.