An enviable position indeed, thanks for sharing...
Have thought it for a while, but i find it hard to fathom a company increasing its oil reserves by 4 fold only to sit at the same market cap ever since. Bring on the 100 "exploitation wells".
Also there really aren't many shares on issue with MAD so dilution due to cap raising is near negligible at this stage... IMO.
Cheers.
TY
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