WFL 0.00% 0.3¢ wellfully limited

Any day now, page-28

  1. 6,066 Posts.
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    What if poo was $100 pb?
    Said oil company still wouldn't be anywhere near $1, at this point in time.

    Oil demand is rising rapidly (thanks India) and supply is shrinking (thanks lack of investment).
    There is an indisputable market for the product.
    The price will feel the crunch again in the not too distant future.

    Both have good potential, both are chronic under performers IMO with questionable management.
    OBJ is by FAR the worst out of the two, the questionable management of Said oiler has raised approx $150M in the worst oil market crash in decades and continues to increase the size of the biggest oil discovery in the world since 2014, the value of which will eventually be recognised either through acquisition or production sales/revenues.

    Same cannot be said yet for most of OBJs products.
 
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