Ann: Company Update, page-15

Am I the only one who missed this?

Calima owned PEL-90 in Namibia and sold it for $2.9m in 2019; fast forward to October 2022, the area has heated up, and Chevron snapped up PEL-90.

I couldn't find a price for that acquisition, but you don't need to be a genius to realise that a major like Chevron would only be involved ifs it was significantly more than what CE1 sold it for!

I wonder how much upside us long-term holders missed out on from this poorly timed sale?

I've included hyperlinks of my findings above for those interested.