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Ann: CNOOC acquires 55.55% of Svenska's interest in Guinea Bissau, page-77

  1. 5,719 Posts.
    lightbulb Created with Sketch. 1600
    Where would the shareprice be if Samo/Gambia had never come along or been drilled?

    Same price it is today would be my guess.

    That shows the lack of value created over the last 5 years. Any value created has largely been destroyed by dilution. The last cap raise at 5.5c is evidence enough.

    If someone posted here back in 2013/14, that FAR would find the worlds biggest oil field discovered in 2014 and the shareprice would only be up 50% over the subsequent 5 years, they would have been laughed at. But here we are.
 
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