RE: Share Price24 Mar 2020 21:48
Albi I am surprised at your decision. Appreciate your openness however. Uk looks like being hit as badly as Italy we know. Wuhan getting back to work. Italy look to have levelled. Oil price rock bottom. hur cash rich and operating profit at these levels although if it stays here it would effect capex plans (but they are negotiating with the OGA) To me it all points to knowing the bottom, possibly being there, even so being in a strong cash position and if PoO picks up we are away. Although we hit 7.4p since reporting the 20k bpd target being hit and staring water cut is definitely perched water the SP has been robust in a low PoO environment.
As for late RNS - just responding to gov guidelines as they come out.
That’s my take. Good luck yo you. You’ve always been straight.
PTS