Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Rookie have a look at the presentation, oil extraction is Q2 next year, if we get the rig :D otherwise that simplywall article is generic, there is nothing specific about MATD, they even put picture of offshore rig, I don't know what's the point of these
https://oilprice.com/Energy/Energy-General/Oil-Prices-Projected-To-Hit-125-In-2022.html
JP still positive about oil price, but even $70 for us would still be very profitable
I’m baffled at the sp too, but on the other hand the drills are quite far (even two weeks are a long time on AIM) so I guess Q1 it is for the take off, some update would be nice though, hopefully any day now
Hm I disagree mate, in 2017 they signed rig in November for 2018 drilling campaign (in 2019 it was April for same year campaign), but either way MB said they would like to sort it out well in advance and some operational update is due (at least re seismic) so let’s wait and see