Yes that more or less sums it up , the best way to beat eventual declining margins effect on a balance sheet is to increase production and that also puts you in a position of creaming it if margins increase again and there is no better example than PLS.
None of the above can be done without increasing resource size so looking forward to the results of the drilling campaigns , in the meantime make the most of the margins we have for as long as they are around...
Cheers Whisky
Demand versus Supply, page-66
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