RE: Prolific basins5 May 2022 09:38
Worst case for news tomorrow is AD plant only update, they were producing a decent EBITA on the last update but the money was being pilled back into the business. I would expect an improvement on earnings based on improved efficiency, due to the investment in equipment and the variable portion spot price for electricity.
The market wants and shareholders need an update on Ruvuma sale or funding, unless you are Mrc then you expect the $700 million (retail sale price of SCIRS portion) of the 2C gas to be given away for free sometime soon but before the Spud of CH1
Lets see and lets hope this is just another wildly wrong Mrc prediction to add to the growing list.
News tomorrow then?