How much do we need? Is it around £250m? Surely we have got funding secured? Coro energy a small cap firm has funding to buy out Ophir energy at 40p! Around 280m when Coro only has 1.5m revenues a year and mcap 15m. Interesting times ahead I think
By this share, huge growth prospects just need the right time to enter. Drilling in 4th quarter? Awhile yet but with Cos of 75% on 100bcf sounds pretty good to me
For sorrys! I can see how I came across. Looks like an interesting company, tcf potential with a very low mcap and high director holdings as you say. Don’t want to miss the boat but will need to find some time to dig! Thanks for the info regardless
Thanks for the reply BB! You’re right I should listen and research just haven’t had the time recently. Saw SP dipping and was looking to enter, just wanted to clarify somethings so thank you!
Genuine question not deramping. I can see final results says fully funded for near term ops. Which rns says fully funded for $20m? Aren’t they just aiming to farmout? I’m looking to invest but don’t want to be struck by a shock placing! Just looking for information
How is JSE similar to RRE? The reason RRE is such a find is because it’s market value is so low but production and profit huge! JSE looks over value at £260m and only $113m revenue, net income only $28.9m