Just on Lidsey production figures alone (312Bopd published Dec '13) DOR looks undervalued. Then take in to account current TEP revenue, current Brockham production revenue, Brockham sidetrack potential, Lidsey potential with the new well and HH potential and it then looks crazily undervalued. DYOR of course.
thats why I come on here, LSE seems to attract a lot of extreme views on shares. Much less content on DTM and II boards... but tends to be better quality!
the mega negative posters who seemingly have no research to back up their claims and are not invested must have some motivation for their posts... try to cause a dip to get the most favorable entry price? trying to kee the price downward so they can close a short before the tide turns?? I don't believe for one minute that all the negativity yesterday (from several) was anything to do with moral obligation to fellow investors!
News is on the way... the de-rampers are out in force on LSE, trying to pull down the share to maximize the jump when it comes
good day on OEX anyway... keeping me happy whilst i wait for DOR to flourish
hehehe, LSE, either ramping or de-ramping, not much sensible discussion
for sure... i read some research where they predict 35% chance of a duster!
i've always avoided TRP because of the hype... offshore Africa all seemed a bit risky for anything more than a punt. Its just taken a beating from a dilution and is ever closer to drill results... my heart is saying take a small punt. My head says leave it alone!