Charles Taylor Group Plc V.MQL

A Lesson from Sure Energy

[RIG500]

For all the simpletons like Iggy aka Jenny that enjoy flashing the $2.08 per share 2P NAV, there's a lesson to learn from the SHR takeout. SHR had a NAV of $1.26 per share, it was sold for <25% of the NAV.

Like I said previously, 2P NAV means nothing in this market when you're deep in debt with lackluster growth.

This means if the CEO doesn't get his sh$t together, MQL might end up being taken over or combine with another entity at a fraction of its 1P NAV at ~$1.25.

This is not bashing, this is reality, I own a lot of shares but my patience is running out. Now let's see those asset sales and some positive dual zone/dual leg well results. There's still a chance we can ignite market interest and climb back above $1......