Truly incredible company performance, these guys must surely merit some kind of bonus for managing to move the share price south continually.
The only way the share price has moved here with the last 3 years is down. Why would one expect any differently nobody believes the boy who cried wolf any more.
Money collected from the fund raise and all goes quiet once again... This is becoming all too predictable...
Imagine if this dog of a share was to come good I think I would walk into the Sun set a very happy individual. This group of management have provided nothing but disappointment with such a high quality asset base. Hope springs eternal, when hope is all most of us are left with.
Krusty will have to announce some form of drilling plan in the next month if Druid is to be drilled next summer.
Bravo Tony creating shareholder value at every opportunity. Roll on the next placing devaluation the name of the game here.
That kind of valuation & risk makes this share price very unattractive.
Thanks Mamms for the feedback we live in hope i guess.
If Druid was to be drilled successfully & 3 billion barrels of recoverable oil were actually discovered what would the company be valued at? I understand thats a lot of ifs.