RE: Spread11 Oct 2017 17:06
This will go much higher.
£11m MCAP for a company in production flowing 1600bopd, 15.7m P2 reserves from just 28% exploration, cash in the bank and targetting 2000bopd with 4 additional wells to come online this year.
Peers are CERP with much less capped at £42m, and TRIN at £50m?
Bagger.