The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
We have so much money and DB is confident of much more so we can afford to loan out jv' money at a good rate, hope eog are fine with repayments but if they fail due to their other commitment UJO get an extra 10% slice of wressel. Gotta love DB
rnst, are you mocking that?
*wress' is the biggest onshore discovery in 50 years (or so we will see soon)
but ujo is so much more than beautiful wress' .
*marvelous bisc' is the uk's biggest unapprised oil play and ujo have a very tidy % of that
and not to forget
*WestNewton; the shear size of this play is immense! gas is there (lots) and the technicals have been fine tuned to succeed, this maybe too big for us in the end? the STAGED plan on this is what will help us small firms prove it up Whilst producing along the way.
oh yes and
*keddington should be cheap and easy to boost production there too.
from TheAimCasino earlier, makes sense!
I think the likes of Pboo Rnstranslator, Mirasol and the rest of the anti-Union Jack element will have little choice but to wind down over the coming months as the company become wealthier, the oil keeps flowing and more development is actioned. All they do is slate management, management that have now brought the company to profitability. At some stage you have to forgive the past and accept it is the future that is more important. Yes, there have been issues, but the corner has been turned and for every shareholder, the most important factor is the value of their investment. With over £9,000,000 in the bank and a solid, stable monthly revenue stream, it is now a case of sensible investment strategies. I believe building the revenues has been a wise move by DB. It has strengthened the company position, removed the need for any future placings, (an attractive outlook for investors) and ensures any operational requirements are easily financed. Things are looking up big style, there are less and less reasons to attack the company.