What's with everyone's obsession in this thread of exponential growth. We're a boutique company we're not going to go from a net profit of a dozen million to a hundred million in 3 months.
Whilst this quarter's results aren't sexy they are fantastic. We obtained a net profit of a couple of million whilst paying deserved bonuses to our fantastic staff at Black Mesa and whilst significantly increasing our acreage
We're now in a position where we can explore new AOIs or continue to accrue acreage in our existing ones, continue to drill new wells to increase our cash flow, or sell one of our proven AOIs for a significant sum
A lot of downrampers and short sighted sellers in this thread for a company that essentially announced they turned a profit whilst investing in future growth. Will be a lot of people in the future wishing they didn't sell for a loss when this company inevitably takes off. The market and the downrampers in this thread can only ignore a profitable and successful company for so long
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- Ann: Quarterly Activities Report and Appendix 5B - December 2022
Ann: Quarterly Activities Report and Appendix 5B - December 2022, page-91
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