RE: I thought24 Aug 2018 22:06
Irenekrapp
This is AIM an it works on sentiment! U talk about production figures, expenditures in such a way as if you have run several O&G companies by urself and knows more than the likes of Leo Koot or Tony Hayward! There is a big difference in running a corner shop and a producting O&G company...
CERP is on its course of a major re-rate, u can post as many negatives as u want and even feel free to say it’s going to 0p which is only 3.85p away but that would also mean all the oil CERP is producing, it’s assets, contracts have next to no value at all!
They say example is better than precept so let me give u one!
UKOG
Mcap is 108 million with over 5.2 billion shares in issue! Its current field HH may or may not be commercial but punters are taking the punt thinking about the future production with 10-12p price target. Now if UKOG with their exploration only programs can achieve this market cap with countless dilution resulting 5.2bn shares which briefly touched 300 million mcap before BB drilling fiasco then with 650 million shares with producing fields and upcoming massive projects I can certainly see VSA target not only being meet but may even exceed in some cases!