RE: Stick or twist?5 Jan 2022 11:33
Heron is light sweet oil with low cost. They want to hook up Heron 2,3,4 all to the pipeline. Route to market already in place. Domestic oil demand needs to be met.
Should be generating loads of profit before they even tap into Gazelle discovery.
1 billion plus barrels from Block V would be on top where they confirmed an Active petroleum system.
10p plus and then maybe think about top slicing a portion.
88e reached £500m MCap at peak ?
MATD mcap only £30m ? We touched £110m few years back which would be re-tested for starters.