Unbelievable, we're still not cash flow positive, months after these supposedly great contracts were signed, despite strong oil prices. Then management decide an acquisition is in order??
I wish I had more faith in management to be doing the right thing, but hard to have, given all they seem to be capable of is maintaining a consistent rate of cash burn. This ann is well out of left field, I guess they're consistent with lack of disclosure as well, preferring to surprise the market.
Ann: Acquisition of BPL Limited , page-2
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