15:45:33 40.02 200,000 80.04k O 08:17:00 39.55 270,000 106.79k O 16:40:28 38.80 150,000 58.20k O 16:39:56 38.75 25,000 9,688 O 16:35:14 38.00 100,000 38.00k UT
It's slowly getting noticed not sure why it has not shown on the LSE riser board in the last few sessions. Low free float of stock should see this rerate quickly as the valuation to market cap at present is just a gift for any investor.
Valuation $500m (£370m) for 2p resource and market cap only £48m. Having released the news just before Christmas only now its starting to get noticed still early days especially when you consider the valuation for the 3p resource is $1bn.
Great interview $1 billion !!! This company is so undervalued one day it will get picked up by one of the big rampers on Twitter and will be 10p plus. Until that day I will keep buying. Gla and merry Christmas
Always do your own research. Great board now in place with a ceo that reply’s to emails. With over 80% held by the board and tr1 investors Earl of wisdom will have little impact on the share price IMO. Good luck with your decision.
Yes Simon undervalued with only 19% of shares in free float board and Tr1 investors holding the rest tight. This will rerate over the winter as production increases. Its buy now and hold imo
Agree Skin.. The next 6 months is going to be very interesting this is way under valued and with the board / TR1 investors holding 81% of the stock this will rise quickly on the right news. Its going unnoticed by many at the moment ..
Over the last few months the company has given some very cryptic clues that something big is around the corner. Some decent buys have been coming in over the past few days and the recent TR1 announcement !!
nothing to explain - Q2 production increased from 1967 bopd - 2091 bopd
Read the commentary on the H1 report ignore the figures for the past, this company is all about the future now and I like what I read so bought some more reserve update next then on to drilling more wells to increase production.
Great news with more updates due in the coming weeks - Resource update H1 results Development programme for already producing assets Exploration on a major field in L61
80% of the shares are held by the board and Tr1 investors so with so much news coming I don’t see many wanting to sell.