RE: North sea assets valuation27 Aug 2020 20:45
Nice one Jumgman - when I3E moves it moves big. And the value is there to support a move to 20-30p.
With 17.5p producing asset (production£30/40M per year) and this addtioanal north sea asset of £144 - there is now way the company can left valued at £34 Mill or 6p. The more immidate concern will be be to get thsi to fair value by mms and major holders - 12p-14p is my guess, and rest on performace and and farmouts being discussed.