Member Info for takeachance1

You want a company producing £20-£30million worth of oil to be worth only £30million?

I agree, the sp should be in the region of £2 to £3 even before any news.

I’d rather see thie sp nearer the £2 mark or over before an rns is issued.

Can’t see them takin only 25% on their years of investment.

Morning OF

and still not much free float. Happy times, fingers crossed.

approx 45k worth has been reported.

sells being reported.

having said that, if the sp nears the £2 mark without any news then all we need is a positive rns for the sp to bank roll.

cannot be predicted here. If the Cpr is good and more wellsto drill this can hit the roof and beyond if potential suitors want a piece if the company. I don’t really want to put my neck on the line with a potential sp to avoid being labelled a ramper. GLA

Lol. Opened the post this morning to find an alphabet letter, all in russian! Let u know what the forensics say. :)

Just re rating, I think we’re still far from news (cpl wks),

I agree more with valuation in the region of £100m. The mkt cap was over £20m approx six months ago. We now are in a better position than we were 6months ago. Gla.

Why at £2.5-£3? When the board in the past rejected an offer around that region (12p old sp) becaus ethe valued the company substantially higher. Since we hav more licences, more drilling, maiden dividend and more oil to drill out. £2-£3 doesn’t make sense to me.

Maybe Mm’s want to attract sellers.

Lse on the blip, sp close showing 78p

Still can’t understand why peeps are profit taking/selling out.

At what price do you think?

Gibbo has been in contact with Simon so may able to help you out there.

Details are at the bottom of the Rns’s