Sunday February 26, 2017
Photo Article - Learning to be a pyromaniac at the Greek Hovel with George the Albanian
Geoffrey Eve, the child abuser, my abuser, at Warwick School - a 3rd boy comes forward
Can Jo Cox's sanctimonious husband Brendan STFU - your wife was not a nationally loved saint

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Petrel Resources – Valuation Not Justifiable

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- Tom Winnifrith

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.

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