Remember19 Aug 2018 08:52
We are drilling for 2 BILLION pounds worth of oil and our mkt cap is 58m .
Our mkt cap hit 110m in 2017 and since then oil risen from 50$ - 75$ a barrel.
The beast wild horse upgraded from 290m to 490m barrels.
Fox discovered with 200m barrels.
Red deer upgraded by 24m barrels.
Total potential reserves increase 424m barrels!!!
Our mkt cap is way to LOW at present.
We should be at least 17p...... but if you factor in oil price rise and our potential reserves increasing 424m barrels what price should we be now..... 17p -34p ?
Aaog drilling for 87m pound worth oil and mkt cap.
18m