RE: Farm Out Valuation (co-pilot)29 Mar 2026 21:42
I don’t think anything that’s lumped onto this board can be labelled as insight.
My opinion is that Lord Spencer didn’t take over the company to break even. I’m glad that Hobbs is gone, I believe the drilling could have been followed to destruction, although the price maker strategy wasn’t entirely flawed in principle.
However my “insight” into the numbers you’re pedelling, leads me to wonder that you may wish to sow discord against the near term positive recovery of the share price in this company.
I believe that there are multiple catalysts actively in play, and that the appetite for this company from the market, is not just heightened but also sharpened by current global events, which could conspire to drive this share not only to previous, but onto greater highs.
But as you say, we should all do our own research.