RE: That would be great20 Jun 2018 07:50
Oil price has nearly tripled, most of the original NPV's were calculated when oil was at it's rock bottom, nearly $33 a pop, its was like sardines, the barrel was worth more than the contents. As most say, its how the market reacts, but its fair to say that there is a re-rate on the cards at some point. All the best Mr B