when other oilers are having financing difficulties this share curretly has 26 cents cash backing or around 85% of its market value in is cash form. IS TUI a producing field worth and all other assets held worth 4 measly cents. Still producing round 2200 barrels a day net and with very little downside. IS being causious in these times a bad policy people can bang on and on about management doing nothing but they are adding onto shareholder value by not blowing all the money on high risk projects. The company has catogorically stated that they are after low to medeum risk projects and people who expect more should go to companies with higher risk profiles.
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