RE: By the way1 Nov 2018 14:59
Well said PC01, compelling really ... but patience is required.
RE:
"And one last thing - promise - but it is a slight 'fess up' to S8, but not quite a complement...she was absolutely spot on with her view of what our holding in OML / Eroton has paid us...the market values, as per below, SLE at $180mm. We are owed a further $146mm, we have $40mm in the bank and the loan accrues at 17%. In a rather extraordinary state of affairs, SLE is worth less than its outstanding loan, interest and cash in bank implying a negative value on BarryRoe and OML 18 and Polish Shale...it is abundantly clear, there is a lot of trust needing to be rebuilt as its not hard to see this company being valued at a more sensible valuation one day!"