Wednesday September 28, 2016
The Guardian on Global Warming - what is its aversion to the truth?
Clinton Trump Debate - I admit it: Hillary won but Trump can still win the Election
My neighbour the fat welfare slob Nimo Abdullahi, the lies and the contempt for those of us who do work that the left shows

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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