RE: Buy23 Dec 2020 12:07
Sure can head back to highs of 10p. We are already generation profit, we are not an explorer. All we need is funding to get some more wells flowing. The oil is there. Proved.
Obviously at the moment there is doom and gloom with Covid and new strain and brexit blah blah. Once we have rolled out vaccine full swing etc etc come next summer we should be back to semi normal. oil demand increases so does oil prices fingers crossed. I know overly positive but give it 6-12 months at least. short term 3p (3 months). 5p (6months). 7-10p (12 months). All in my own opinion if funding is sorted, covid plus new strain under control, flights and business back to semi normal.