RE: Facts7 Mar 2018 22:46
Poll listen to yourself, read back what you've written son....at every turn you throw your huge cloud of negativity.
Okay I sped read the docs other night and the 1 mistake is using figure of 15mUSD as GBP so it now gives cash value to 6.5p. Regardless with company stating they "WILL" drill Namibia any dip close to cash level will be quickly bought into by the market, but clearly you don't have too great an understanding of how it works.
Maestro nails it with his comment you're making an arse of yourself saying it would trade under cash and by same statement valuing Namibia as a negative balance asset.......eh?? Tullow have spent 35m USD to date on the PanCon farm in terms and still have drilling costs! Pan valued the whole deal with TLW at 130m USD albeit back in 2013.
Again have to ask, if in your opinion that Namibia will never happen, that RD1 will not be successful etc etc...WTF are you doing with hard earned money still invested???? Are you kind of kinky **** masochist ???