What a dog of a share this has turned out to be.
You only have to look at the numbers recommending Tillywhiz, JTMacs and mac4671 posts and related posts from others to see how valuable their info is, keep it up guys, please, and thank you.
Reference the 'In ground value', whatever the amount, the bidder(s) must be able to make a meaningful return on their purchase, so what %age would be acceptable I wonder?
GLA--still holding.
TGR has just come to the market, maybe the reason.
GLA
Perhaps not.
I was expecting a bit more action after yesterday's volume, even half expecting some news.
Aye! Aye! Huge volume already compared to recent weeks/months.
Totally agree Db101
GS has a buy recommendation TP 215p
At least it's positive, need to get some sales orchestrated now. GLA
jcjazzyjef re your post at 17:33 today.
My two posts were taken directly from today's RNS and clearly states that P1 is purely an exploration well so no production from P1 is going to happen.
The second of my posts stated that further wells/drilling would involve the long drawn out process as that for P1, so as far as oil revenues from the Bahamas are concerned-----it will be a long wait. Sorry for the late reply jc.
Followed by :-
. The approvals obtained relate specifically to the drilling of Perseverance #1, such that in the event of success, drilling of any subsequent wells in The Bahamas will be subject to a separate and equally exhaustive approvals process.