I'm looking for positives out of the quarterly and I found some.
The big one is receipts from sales for the quarter. Lets hope the disruption from the hurricanes to pipelines does not cause too much downtime for the current quarter.
The burn rate for admin and production costs don't look as though they are spiralling out of control - a good sign.
If we got a repeat of this quarterly cash flow in Q4 then I would be satisfied (as mentioned previously I am a simple man with simple pleasures who does not want for much). A repeat would mean a period of consolidation - which is needed in this environment.
I have reduced my expectations for FAR, but can't see any reason to get out just yet. A pity that Senegal seems a long way off.
Good luck to all
Cheers
BF
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