It does seem to have flattened out but I feel like there’s a lack of upward pressure until the entitlement offer is settled and there’s a clearer mid term forward plan on exactly what and when at what costs the next steps are.
Obviously we know flow test for Mk2 is mooted but I think we need a lot more concrete plans to extract value from the discoveries to properly value the company now.
I’d expect there are some interesting discussions on going right now between current and potential partners.
Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-659
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