RE: Who understands all this jargon.7 Jun 2018 08:36
I am cautious. It should only be done if we are changing from exploration to production. As a stepping stone to the FTSE. All reliant on solid results from HH.
Solid results should see a share price rise, revised OIP figures, moved from p50 to P2. Investable by institutional investors. I'm not an expert but I'd the advice is that it needs to be restructured from an investment company to an operating company, in order to access the best shareholder value and investment then that advice should be seriously considered.
On a personal level, with health issues and 320 ticky tack houses being built around me. I would like some returns this year, not 10 years time. 7p+ would change a lot for me. Any more would be distributed where it would be most effective.