My thoughts on the quarterly
- There won't be notification of the cash call in the qtrly, as it's a material event. It will be a separate notification on its own, if, and when, it happens
- There won't be anything of note in the quarterly re: Djiferre or PE, so those expecting an update can forget about it - exception being they re-iterate what has previously been told to market
- I'll be most interested in how much cash the spent for the quarter (v's the estimate of $8m they gave 3 months ago) along with their predicted 3 mth estimate cash spend
- I expect some updates to the cost estimates of the project and some more discussion on the commercial viability of the field
- I expect a pretty boring, business as usual quarterly, with the big ticket items to play out over the next few weeks and months
- I expect some generic, but very positive, words from Cath on the size of the field and the excitement to optimise the development of the field and see it through to production
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Quarterly out soon, page-2
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