Second presentation this month - it does sound like a prelude to a capital raising.
They have debt facilities for US drilling and completion costs and An Nagyah start-up costs but need extra funds to pay admin costs incl salaries(excl TF), office rents and all other corporate costs. Do they have to put more funds into rehab bonds prior to drilling at Hummer?
I'm wondering why An Nagyah net operating revenue doesn't at least double when it goes from 5k to 10k per day?
PSA Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
