Unfortunately, Vali 1 itself is not profitable. It is proven with the numbers. It is not even covering the cost of production.
Vali 1 and Odin 1 may cover all the expenses (or may not). In addition to the cost of production, there is the admin expenses, management salaries and then there is the depreciation cost and the rehabilitation cost and so on. Two Odin wells probably make it profitable. The only certain winners are the management who keep getting paid while the share price continues to fall down.
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