Happy New Year all and may 2022 see the JVP deliver Vali FID amongst other key project milestones along with SP appreciation...... From a drilling and subsurface perspective, in my view the JVP exceeded expectations with the Odin discovery, successful Vali appraisal, Odin resource and Vali reserves numbers. From a project milestone and commercial front, in my view the JVP overpromised and undelivered and they need improve here. Year end 2021 milestone score card below.
Delivery of end of 2021 milestones (red flags) in Q1 2022 is critical to curry-favour with the market and rebuild confidence.
Kind regards OldGeo
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