HDR hardman resources limited

strong finish, u bidders all round, page-51

  1. 356 Posts.
    re: strong finish, for dynofish and joker1 It seems to me that HDR's biggest concern now must be to be able to stay in the very exciting (and prosperous) game. They have found heaps of oil so far and for the time being at least dont NEED to find more. With this in mind it must now all be a matter of financing the costs in front of them.
    So if I was wearing Mr. Hardman's hat I would be fast tracking Chinguetti for the cash flow as No.1 priority and in order to keep the S/P up, drilling around the TIOF elephant to get a better idea of the jumbo size.
    No other exploration expenditure unless it was a contractual commitment eg. Pelican or other blocks in order to maintain their government PSC foothold.
 
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