Thats more like it......21 Feb 2018 13:33
Up to 777 bopd average, so we have moved from being a massive loss making entity to a every so slightly less massive loss making entity with shares down 99% (rounded) from its high, but now sitting at 99% (rounded) from its high, with a 67% spread, and less than 10K of buys off of the good news.
This will help with the 80 milly of debt in a couple of years, looking good on that front at last, that was a worry for a while.
Good news on the staff front, not drilling so much as planned next year, so we wont wear out the staff or machinery so save on the old wear and tear costs and overtime, every little helps I always say, the rigs and equipment lasts longer if we don't use them much, forward thinking.
And did we take on another exec, or whatever his title is, that's pretty good we get to put through higher management salaries which are tax deductible, once we manage to offset the first 200 milly of brought forward losses we'll be thankful for this offset.
All looking good at last, I was getting worried for a minute there.
Wouldn't want to be out at the weekend.