The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
300 m recoverable, 75% to copl ie 225m net present value $10 per barrel, equals 2.25 billion or say £1.75 Bn or £30 per share.
It sounds crazy, I know, so please there is a likely glaring mistake. However it is late and my tired mind can’t see it.
I wonder how significant disputed NI. Protocol/ECJ oversight( particularly re industry subsidies) might have on any MOD decisions.
If this can be put aside, the Navantia tie up for supply vessels looks like having a very good chance of success, imo.
Now that is an oil analyst with a bright future. Excellent work.
Thanks guys. Since the council decision, a clamour re U.K. energy security has restarted within the Tory party. The Wressle production facility footprint is clearly small, and could be shown in defence of the appeal.