Whats changed?11 Sep 2019 16:55
I mean, the planning production was clearly priced in. We are now in the phase were we won't be able to produce anything until the additional wells are built. The loan will still need to be paid off. In my opinion there is at least another 12 months of flat pricing whilst the production wells come online. Then, should all be successful, we should be earning in the order of £65m/year - which is fantastic!!
For investors now, there is no real potential value.