RE: Whoooosh1 Jul 2021 15:10
Agreed, Oil price could easily go over $77 today and maybe touch $78 on it's continues expected path the £100 later this year and next.
Great for UKOG Turkey production profits which have a cost of less that $20 per barrel.
Do the math...Turkey will be hugely transformational for UKOG.... we'll be laughing at all those who thought we would go over 1p again..... we'll be sitting at 10p plus towards year end and going north through next year as the majors start paying attention to this emerging mid-cap oil and gas company.
Mid-cap is the boards target and that's a $2 - $5billion valuation.