re: when will it move? mike o'connor
Had a chat today with KRZ.
I'm gunna have to load up tomorrow I think.
Profits are likely to be at the upper end of your scale OMR.
Also looks like Service division is going to be kept busy!.
Cost of production Bula US$15 Cost of production Osiel US$5
The thing weighing things down right now is the capital contributions for the Osiel development. This is likely to continue to drain resources for the next 6-9 months until the permanent production facilities are fully online and associated infrastructure is completed.
Other items that are likely to arise include additional drilling (this consumes $, but places a bit more upside on the company as well).