The quarterly has raised more questions than answers for me. No update on the extra access approvals at Hartog that were due “in the coming weeks” back in November.
And no mention of the 9 holes they had pending at the start of December? Are they part of the 16 holes pending now, an increase of only 7 holes? But thats possibly due to not having the access approvals.
Also good point about the cash burn rate, in the September Q they had enough for 7.1 Qs, now it’s 5.4 with less rigs than last time, looks like the expenditure is higher than anticipated too.
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