Pillar 1: Excellence in base asset delivery
Asset performance to date
A track record of strong returns from development
Lifted this from Otto's website but it didn't make the ASX release. Is it new?
Can't help laugh at the "A track record of strong returns from development", when you look at the giant elephant (dinosaur) in the room it is the 50.6m USD burnt on GC21 for 2p reserves of 0.8Mmboe. Current Market cap 41.5M, net cash 25m USD, EV ~15m USD.
Time to return money to shareholders! Mike has until around September 11th to get north of 1.85c/share to get a bonus from it.
Ann: Strategic Options Process Launched and Company Overview, page-2
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