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The key difference between BROE and upcoing drill if we do hit, is the amount of majors with interests in surrounding area which might drive immediate value. It is for this same reason I think we are mad as a minnow being the ones to try and prove the area.
Haribo - I suggest upside might only be even money because having oil is one thing, extracting any value from it is another - and we have proved incompetent at the extracting value part, and market knows that only too well. I do remain hopeful i will get some of my very significant losses back, but not optimistic
what do you mean desperate? surely if there is oil we will be in clover. if there is nothing there we will be in s**t.? i don't see it coming even.
A 10/1 shot that, if a success, may only pay even money - that is the most concerning thing
No conceivable reason at all why JLP should be falling back with the groundwork done over the last 12 months. This stock should be on a steady climb. The poor news flow and constant dilution does nothing to instill confidence in new or institutional investors to come on board.
Investors Chronicle says "Shares in Greencore Group (GNC) fell by 8 per cent yesterday after its largest US competitor Tyson Foods bought fellow packaged food maker AdvancePierre for $3.2bn (£2.5bn). Shareholders could be nervous that Greencore’s American business Peacock Foods could lose contracts as Tyson takes some of its outsourcing back in house. Our buy tip is under review."