Member Info for Welshshark

To buy

Upgrade imminent don’t get locked out

Hope I’ve not paid too much

For £5 worth

£1k worth again

Yepp around 90p share,these prices are mental

Can see £4/50m buy out very soon,no brainer

So I’m guessing $30m/£23m profit pa,let say they give £6.25m dividend that 50p share dividend,debt will be all cleared after next shipment next month.

£1k worth sell all at 1.075

Can sell sll@1.08

think it wil get noticed when CPR comes out could be today,ive got a strong feeling it will be today or monday,if we can get to 3000bopd by july profit margin will just get higher from here aswell,�5 by july and �10 within 2yrs easy imo.

Agree we should be around £50m min atm,just puzzled why this mkt cap is so low??hopefully cpr out very soon and drill update,paid 5p interim dividend Nov,expect another 10p final so already around yelding 13%,debt fully paid very soon after next shipment,current rev $54m on 2150bopd,we have our own drilling equipment and staff,so expect to drill all year round for many years,it mental I’ve got £10 target within 2yrs.

Just looked it but 2007/08 before the financial crash,

Can’t buy anything more than £1k,this is going up to £1.20 today

and that �1.13 tick up coming

x365 days=$55m

producing 2150bopd,next shipment due very soon,debt free after next shipment,cpr report due early q1 [anyday],drilling ongoing,paying dividend,mkt cap �13m

Going to settle around 10p/£10m mkt cap,more than happy to sit and wait,de risked fully funded to bfs and production,can’t go wrong from these levels.

1.28 to buy £1k

Buy @10.3p good entry point