RE: Perspective15 Sep 2018 11:30
Blueclyde, that is not fair re the 2014 presentation. After that the poo plummeted and quite rightly they pulled back on pumping out oil, a wise move and one that I am grateful for, as reserves would be a lot lower with little or no extra cash in the bank. I do however agree that they really do need to step up the pace on increasing their reserves and production now, and the timescales need to stop being pushed back. We are being valued as a producer by the market, but their appears little value given for the exploration and potential reserves. This is why I am a big holder and believe we could have a good 12 months ahead IF new reserves are added through the exploration.