Amazing Value29 Jun 2023 09:10
Hard to believe the SP is now lower than last September. The company has made great progress since then and we are steadily moving towards producing plenty of gas. In my view the further exploration potential is huge and is not priced in at all. This made some sense, when there were concerns over the ability of SOU to keep the lights on. Those concerns are now a distant memory, but the market seems blind to the fact. No idea why this is being walked down, but I'm guessing a large buyer is looking for a juicy entry point.
GLA. Patience will be rewarded.