RE: Provincial meeting9 Apr 2024 17:46
SP is up? It’s 3.6/3.8p.
“We are hopeful that the Provincial authorities, who are holding up the Special Purpose Certification of the Exploitation Area, will not disrupt in any way the District's approval process, but we remain vigilant….Discussions with PetroChina for transport, processing, storage, export and sale of the Company's early production are also ongoing.”
These for me are the key things from the last operational update. Hopeful the provincial governor doesn’t mess us around, but his track record suggests he will. And talks with PetroChina that are ongoing. This definitely needs to have been sorted by now and confirmed latest at the AGM, otherwise I’ll assume PC are also, for whatever reason, deliberately holding things up. It shouldn’t take that long, considering they have been discussing this for quite literally years.