Trading has a different feel for the first time since return from suspension. Normal laws of supply and demand kicking in. And the demand is going to be HUGE.
But when can COPL start taking advantage of the sky high oil price as of today? i.e. when do hedged sales end when can the company take advantage of current prices? TIA
Massive discovery around 12 years ago. SP went from 25p to £5 in short order. And that was in a dangerous jurisdiction..... Let the price correct and don't make the mistake I made in GKP. DO NOT SELL OUT TOO CHEAP OR TOO EARLY. DYOR.