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whats people's thoughts for RKH vs HUR, who has more potential in terms of upside and who has less risks associated with it.
thanks
I dont know the details of SDX but recent RNS state:
"Management estimates that approximately 1.3 to 1.9 bcf of gas is recoverable from the horizons encountered by the OYF-2 well, which will be tested in February. "
If they have only 1.9 bcf at max estimate then no wonder share price did not go higher.
from where funds will come for FFD?
not a deramping, i am potential investor
https://www.lse.co.uk/rns/UOG/update-on-ash-2-well-and-acquisition-timetable-ytu586zkk1cdwfb.html
http://northafricapost.com/36713-moroccos-gdp-to-double-by-2034-uk-think-tank.html
How much new partner is paying to pmo for 20% of sealion they got from pmo? ZERO
This is definitely not a farm-out?
On the whole planet, they got only this company.
At least if pmo was giving 20% free then should have given to British company.
I agree with you. Same thoughts I had.
I think all AIM companies get f**ked.
Is it really worth buying AIM, at least not for long-term. Probably for quick-in and quick-out.
I have not seen any company who has sustainable share price over few years.
Do you think this was best farm-out available in market?
I don't think so. Because this is really like giving it for Free. Even premier gave away 20% for Free.
Why?
I think this was preferred partner by UKEF and UK govt.