RE: Position24 Oct 2019 22:55
Spot on Mike.
This is not a producer but unlike LEK we have two fully funded jv's with Shell.
Imo this will rocket next year mainly because it is UK and more farm outs should happen. I am holding 7m shares which is a lot for me and it will hurt if it goes pearshape. However, just under £15m in the bank is a great fallback.
PI's love UK drills. Just look at UKOG.
I am happy to hold for months because I will never accumulate so many shares when the crowd arrives.