black bird
- 06 Apr 2011 08:47
field as stated in report potential 50,ooo,ooo barrels oil x $ 100 = 5,000,000,000
divide by amount of shares 1,000,000,000 = $ 5 per share somewhere in this figure i
is future share price. the blackbird has spoken, garfunkel clue ends
Maxo
- 23 Apr 2012 17:54
- 4 of 5
Guys i would be careful with this one,take a look at the history of this company
and note the hopes raised and hopes dashed pattern over a number of years.
There is a reason why this is the case,the geology in russia is notoriously difficult
to conquer and very few companies have ever done so.Matra,s acreage is typical
of this and it was not by chance that they have failed on every drill.
I do wish you luck with it but beware of that history repeating,next time the placing
could be as low as 0.20p or less when they need to tap the market. However there is
always a chance so good luck !
Rob Basgallop
- 11 May 2012 10:20
- 5 of 5
not for widows and orphans. Let it drop back under 1.50 b4 buying