Tuesday December 06, 2016
Photo Article: Day 3 of the Olive Harvest at the Greek Hovel
Norbert Hofer of Austria - Europe's first fascist leader since Franco? er..no
The Lady from the British Council said sod the Greek peasants "what about the environment?"

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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