RE: “Confirmation “23 Aug 2018 11:35
If it was "factored in" we'd have seen more substantial increases in the SP surely? Yes we are still struggling to break 2p. A proper valuation will depend on the flow rate and the drop off, which will indicate how much oil can be extracted and for how long. How anyone can have "factored in" the value of an unknown vs another unknown is something of a mystery. We could have 300bopd for 5 years, or 1000bopd for 50 years, which are two staggeringly different numbers. Which have YOU factored in?