MAN mandrake resources limited
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yes , but it’s only from the RE-ENTRY well - there will never be...

  1. jnene
    3,996 Posts.
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    29/07/23
    11:22
    Post #: 69052616
    yes , but it’s only from the RE-ENTRY well - there will never be any production from the re-entry wells - ever - the Re-Entry is ONLY for sampling / assays to see / confirm if they have a resource
    Any production will be via NEW PRODUCTION WELL , and therefore the royalty for any production from a re-entry well is null -
    Does that explain it ?

    regards
    MAN Price at posting: 4.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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