RE: ?8.3m mcap vs risk/reward3 Jan 2018 22:53
Now you are being a fool, first you say the drill is risky, then you say even if they make million pound p/e of 8 gives it 8m.
Lets say they make a million profit like you say that mean they have oil under Tilapia and they are pumping it out, what will you value the oil underground?
At gbp who have no money to do offshore drill let alone 3d seismic, you were valuing prospective resource at a $1 per barrel, what will you value proven oil at Aaog?
You are not the brightest my friend, stick to your cpr at GBP..