3991 days ago
We ran a piece yesterday by Doc Holiday on Petrel Resources (PET) and on its bosses Dr John Teeling and David Horgan. I approved it for publication because I like Shareprophets writers to say what they think not what I might think. But I think it was harsh on the Irish fellows.
I declare an interest in that I have known John and David for years. I like them both. They are clever and entertaining. I also play rugby very now and again with John in the Clontarf Veterans side. That is an amazing achievement for both us. Me because I am very unfit. John because he is 107. Only kidding, John. But he is not quite as young as he once was.
4391 days ago
Apologies to my friends John Teeling and David Horgan who run AIM listed Irish oil explorer Petrel Resources (PET) but the valuation of your company is just not justifiable. At 19.375p the company is valued at £14.4 million. Even the house broker Northland gives a valuation range of 3.6p (base case) to 14p (maximum best case). The share price is simply far too high and here is why.
4491 days ago
It seemed like a good idea at the time. It was 2.30 PM at Butrint and the man said that the Greek border was only 20 kilometres away. Am I man or mouse? Within a couple of hours I rather wished that I had decided that I was a mouse. Those 20 kilometres were 20 Greek/Albanian kilometres. In other words 30 kilometres. It was 40 degrees. My rucksack seems to weigh a tonne and bites into my shoulders. And having peered down the road to check that it was flat, I discovered after a bend at 5 kilometres (i.e. just out of eyeshot from the start) that it was uphill all the way. Oh, as a bonus for the last 10 kilometres the road turned into a gravel track. But the real problem is that my trousers are falling down.
