I tend to agree, and think that some of the resolution will come when the company inks the offtake contract, which will then provide financing for the coming drill programme. No one here seems to have any idea how much each phase will cost (A2 remediation, pad works, first two drills, and then rinse and repeat until well 7) but I notice that there is a bit of noise (on another thread here) implying that "doom is near" (the same guys posting these comments have a pretty poor track record on other stocks, so perhaps let their own record do the talking). Any doubts for punters: check out their track record on TipRanks.
Company has been pretty clear regarding the current (updated) timeline, so I am slightly perplexed that one or two people still think the 2024 shipment will go ahead. Best guess is that during the little that remains on 2024 (5 weeks, or thereabouts) we may see A2 works start, and should see Pad2 works start. On that basis, a January spud for the new wells off Pad2, and some "feedback" from the company on A2.
SP aside, I am looking forward to MAY helping Cuba, given the current situation there.
Kit.
MAY Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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