Best quarterly I've read for long time from management, old & new.
There's funds in the bank and a lot of activity being engaged and planned.
Obviously these guys are finding their feet and are thoroughly reviewing all data.
Great to read a report that leaves me with confidence knowing:
- 14m in the bank
- Storage tanks operational
- Export route established & operational
- Oil sales pre arranged, payment in 5 days of invoice
- More oil revenue next quarter
- CH10 dead pump has been removed, operational soon.
- Production to increase
- 3D Seismic completed, results pending
- CCS project in the wind
- GAS SP is on the up
- Looking for partners
I know there is still a long way to go, but no one can say nothing is happening !!!$$$
All my take.
GLAH.
Ann: Quarterly Activities and Cashflow Reports, page-18
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