Let's pretend that Buru drill Shallow by the end of this year and find feasible oil. They wont be able to get that oil to market till long after this time next year. They'll need to test the well and then, receive all regulatory approvals, including a production licence. We need production.
The Ungani well should be the priority to stop annual losses.
For all the cheerleaders, the share price is 10c, so prance around with your pompoms, but the stadium is empty.
Ann: Operational Update, page-53
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