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Sekforde, it’s a combination I would say and add in the EPL on top doesn’t make it better.
Without EPL we would probably be 50-100% higher today.
Without the downtrend 10 years valuations European Oil companies it would be another 100% up.
Just see how how all FCF year after year been eating up by reduced EV and basically stable SP 16-25p
Https://m.youtube.com/watch?v=u91e7CBoIdA&pp=ygURYWZyaWNhIG9pbCBkb2xsYXI%3D
Hello Ron,
You have a house so did you get 50% discount on the bills or you got payouts from government equal 50% of the bill?
I read and saw the last articles and videos, feels like a bit of change in the wind regarding the oil industry and EPL.
Jan, I think you might be right.
The option is to continue build the company, buying fields and develop BB etc.
Then AB need another 5-10 years runway and not sure he’s ready for that.
He already spend 10 years on building and gained nothing except salary etc.
40p or more I will accept