AED 0.00% 14.5¢ aed oil limited

re aed, page-2

  1. 502 Posts.
    they have problems, but the extent is very hard to determine due to the lack of constant disclosure.

    so reading between the lines, they have inflated the potential reserves, and need expensive engineering / drilling solutions implemented to bring production up. even then, the oil column looks small so is it worth the expense.

    stay clear, UBS got another one wrong (eg. RAMS)
 
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