Neollyn, we certainly have the assets it is all about the decision making with molopo. Legacy should be a benchmark for us. If we get to 15,0000 bpd we'll be worth $15+. We have inventory, we should have enough cash (but it will be tight now with little room for error)
It is time to get on with it. Focus on activities that are going to generate the bpd. The equation is simple we need 150 wells earning 100bpd. It will cost us around 450mil but if we get going the initial wells should finance subsequent. If we keep on procrastinating we'll stay in cash burn until it is to late.
MPO Price at posting:
62.0¢ Sentiment: Hold Disclosure: Held
