RE: Re-enter those wells pronto21 Jun 2026 09:00
I check in here every so often these days just to see if anyone has posted something I may have missed, and all I seem to read is affrm going on about 400, 500, 1000 bopd and how we'll be rolling in it at £30, £40, £100 milion market cap, and then further bleating about dilution and protecting loyal shareholders etc.
Affrm - you need to stop obssessing about this and speculating about some fantasy future.
The reality in my view is that yes, we'll probably come back. Yes, there will be a large dilution, and maybe we'll get some of our money back if we're lucky and some of these punts are not just duds.
In my case i'd be happy to just get back what I put in 2 years ago.
The BOD ultimately will try to turn the company around, for their own sake, at whatever cost to shareholders, and if we benefit a little from that then fine, but they are not there to ensure we mug punters all make big money out of it. The sooner you realise that, the better.