The silence in here is deafening.
I am no expert in this, but to me, this is an excellent report on our companies activities and operations.
The projected figure of 2,500 boepd by the end of the year seems to be a formality as we are producing 1900 now and have at least 20 more wells to come on line before the end of the year. Does that 1900 equate to about $65 million a year income? assuming $95 per barrel.
It is a shame the market is generally stuffed as I feel there is no reason now for this not to take off. Perhaps the market doldrums should be seen as an opportunity to get some of this company at a fantastic price.
It seems this company has finally got its act together, lets hope they all get their production bonuses in the very near future.
Go AZZ.
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