just read again and this statement is about 1/4 of the way down: · Achieved a new daily Company production record of 25,218 bopd on July 1, 2022 with production briefly reaching 26,000 bopd, representing the maximum capacity at the newly expanded Central Processing Facility ("CPF-2");
RE: Forget the noise, ignore Jongle Bongle6 Sep 2022 10:26
retail is dead in the water a cut in vat will do little to help. People have basically stopped spending and waiting for the gas bill to drop thru the door. its ging to be ugly.. you are kidding yourself if you think that the tap of spending will some how start up .. its going to be a terrible winter
waiting for the dividend payment announcement at the end f September. HUR produces $60 per barrel profit. so cash flow will be healthy expecting 9000 bopd at $60 pb gross profit should translate into $80 mill free cash flow for the month of September alone. the share price is a gift at 7p
these results are a total disaster. a massive loss on an operational and gross profit basis. the more tey produce the larger the losses... seriously , something needs to change
Wow a huge loss, if you can't make a profit when oil and gas price have been at sll time highs God help you, how badly run is thus outfit. They have been bsiled out by the India money but operationally a total fiasco