RE: Catcher (from ii)2 May 2018 12:17
From BIFFA dog, on iii...
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Just to add a bit of colour to this, I have literally just spoken to PMO IR.
Firstly, all is absolutely fine with Catcher. If you want more assurance on this, then I suggest you talk to PMO IR yourself. I have and I am 100% happy.
Whether or not there is an RNS announcing that Catcher is producing at a steady and sustainable 60k bopd, will very much depend on how close they are to the TO due out on the 16th May.
For example, if they hit it on the 14th May, you probably wont get a separate RNS but hit it in on the 4th May, and you probably will.
I cannot tell you what the cut off point is, nor can I say with 100% certainty a separate RNS will be issued, however, I think it is highly likely.
Rest assured, they know how important this is to the future of the company.
Hope that helps and settles any nerves on here, mine included.
GLA.