Member Info for Rookie1

Come on now esecallum you have to read the RNS’s as we said. We now only have 5.5% of the enlarged company, until we know what it’s worth we can’t value it. It could be anywhere from 25-35p imo

Well as you have been reminded numerous times we sell Brent, and at a premium I will add. Oh and Brent is still rising. What now UPBUTNOTDOWN

You said that at $40....

What are you on about? Brents climbing higher you tool, hahaha never known anyone be so wrong so often.

I’m not saying I am right, I am just expecting figures to back up claims of a £4B mcap as I have for a £6 B.

To many on here get away with plucking figures out of thin air but can’t back up the maths so I think it’s only fair we get to see how you arrive at these figures.

DRS you are quoted $ when our mcap is £ and all my comparisons to company’s have been done in £. Aker BP and lundin both £6B Sterling not dollars. So your $5B valuation is actually around £4B 50% discount to lesser peers.

DRS check my posting history, I have looked at the balance sheet, talk me through current profits including hedges, and then the 50% hedges at $60 for 2021.
Your laziness is making you look silly now. I’ve posted figures and comparisons now I expect the same back.

JS he’s talking talking dollars, but like the rest of the, just plucking numbers out of thin air with no substance to justify them. Funny how no One has managed to back it up with reasoning yet is it? I’m pretty sure I post being able to justify anything under £6B?

Can no one read? Why does anyone keep spouting numbers with nothing to back it up? Seems to be the ones desperate for a cheaper entry! SK couldn’t manage it so come on DRS let’s see how you came to that figure then

I love a lock in, lets get the party started

Leaky ship is Pmo, Lol Tony jetting off Into the sunset with all that money.

Yet to hear anyone justify how this could be valued at less than £6B? ...

It dropped .6 of a $ is that considered tanking? Still no news apart from Iraq have been trying to reign in production ( or so they say). To me that says opec want to continue cuts to support the price and need to make it look like there has been compliance on all sides to save face.

Funny that isn’t. £4B? Lol you’ve always been a turn coat SK.

No no, just a simple breakdown on here as I have done will be perfect mate, I look forward to your response..

Back it up with figures then SK? Anyone can spout random numbers, which co and balance sheet are you comparing it with at that?

Best thing (only thing) we can do is place a best guess on future mcap by comparing other company’s of similar size.
I keep banging on About aker BP and lundin because they are the nearest two of similar size. Imo we are much bigger and better positioned and should command a higher mcap than both Of these and they sit around £6B mcaps.

Pearls will the suspension not be months? Not that I mind, only ones I have been in before took 5 months?

Amena Bakr
@Amena__Bakr
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37m
So which countries still need to compensate for overproduction total of 2.346 million bpd? It’s a long list! Algeria, Angola, Congo, Equatorial G, Iraq, Nigeria, Azerbaijan, Brunei, Kazakhstan, Russia, Sudan and S.Sudan #OOTT #opec

It’s going to be a tough job getting everyone to fall in line and cover their oversupply though. They all lie anyway so may aswell just grab the headlines and say cuts extended

Hahah brilliant pearls. It was funny how he disappeared, I imagine he will crawl back out from his rock if this drops below 20