hi Dan
sorry I'm not understanding how little monies will be in the bank at 2028 ? It seems the 5 wells operating now are close to funding the current 4 new wells ... as previously said, in September/ October there will be 9 wells operating ... now that's approximately 5/6months before next development planned to start , ok approximately 11/13000 barrels a day at current prices (82.00 us ) ???? Then when we start 10th well , surely the 9 operating wells will be more than enough to fund the next stage ....so where is all the money going? If any new investor sees the return as low as that in 4 years why would you tie monies up with no little return? Appreciate all your knowledge but I'm not getting this ? Myself and friends have over 15 million shares with a negative return , not major but enough, if it's true what you're saying then how attractive do we really look to new eyes ? Too many shares on issue , buy back was not aggressive enough , now more shares to be issued to management , Chilli is like a lot on here all this money tied up for years with no return , yet we all got them (BRK) where they are today ..just my thoughts
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57 | 50932098 | 0.011 |
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3 | 470000 | 0.008 |
Price($) | Vol. | No. |
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