Something Fishy ??1 Oct 2023 13:57
USA has low reserves, oil prices are high and other companies with smaller reserves and no production have higher SP. Copl has large reserves, onshore and proven production, which even with temporary difficulties will increase. I see no logical reason for the continued low SP, except manipulation by “insiders”.
Can someone please explain to me, using sensible and non-ramping/deramping language, why a scheme/vehicle is not being created to cut us out? So that insiders get the cake and PIs get a few crumbs if any? That whatever the outcome, a fair market price is paid, so at least we get our money back? I can’t make sense of it. I’m a LTH, so rampers/derampers can naff off.