The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Here, 1100 bopd already, many hundreds more to be added post Ash-2 coming online, accumulate and wait, the mc is way out to the production and assets! This needs to re rate just a little churn needed first.
Cheers! Does that mean though that we have been receiving payments already from 1 January 2019 to date or are we expecting a final crediting of the income from the field from 1 jan 2019 until the deal is formally completed? So is there a bumper payment of a year or so's income coming to UOG shortly?
Yes that's right effective date is 1/1/2019 - and new shares are locked in for 12 months, question when the deal is completed do we get a back payment for oil revenue to 1 jan 2019?