Whilst I'm super frustrated with management over the past few months due to a lack of disclosure about what is going on, especially with the reduced barrel rates, I have to say as a quarterly there is so much upside there.
- An estimated 1 billion barrels of oil and gas
- Cash flow positive
- Reduction in costs
However, I am concerned that this operation isn't able to really generate enough significant profit/ finds for a proper re-rate to materialise.
I look forward to others opinions.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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