Possible Russian invasion of Ukraine is problematic. No doubt very cheap on fundamentals and if no invasion this will be double from current levels in coming months. All about risk reward here.
I bought in just below the IPO price. Long term this is a no brainer as future growth should be double digit year on year. Just remember currently making a loss due to expansion, real share price value will be unlocked when it starts making a profit. No projection given when we will start making a profit. First financial update will be interesting. Good luck to everyone.
Chinese companies only potentially interested in a buyout. Not sure what premium they would be willing to pay. Like others the western oilies won't go anywhere near shaikan and the KRG government.
It seems like ENW competing with JKX for the same Investors. They have less cash, less MCap but double production. Dividends when announced might give ENW the edge.
Once this legal dispute over the awarding of a licence is over, expect share price to get a boost. Been dragging on share price this year. Hopefully, the appeal will be heard and rejected pretty quickly.
#GKP mcap £220m, cash balance c. $150m w/ additional $73m o/s from KRG once OP >$50 pb. Full recovery and mcap almost covered by cash. Field scale up plans to 55k bopd then 110k bopd
For a company that has cash in the bank, board appear to be very reluctant to do anything with it to enhance shareholder value. Acquisitions, share buy back, dividends all possible but they continue to do nothing. Very frustrating.