CALIMA ENERGY - Positive Outlook, page-106

For all the recent enthusiasm for a positive outlook, an extract from from an Investor Update from May'21 provides a tangible reference point for managements ability to adhere to & execute plans,



Key medium & longer term targets missed by huge margins, yet management performance payments consistently paid.

And this, an extract from Calima's current homepage setting out the company's vision & strategy.....

The Brooks and Thorsby assets are low-cost, cash flowing assets with long-term upside. Calima plans to continue development drilling on these assets to further increase production. Calima has planned by Year End 2022, that the Brooks and Thorsby assets will grow production to 5,500 boe/d. Calima’s strategy involves executing strategic acquisitions of adjoining tenements


Speaks volumes for a (loosely termed) organisation's capabilities on so many fronts and highlights managements sole enduring focus is to ensure that they maintain their own renumeration at any cost to shareholders.