RE: There's something. I'm not quite2 May 2019 00:03
Besides cost benefits we might get to hear more information that otherwise we might not have due to the stricter regulations.
On that same subject another issue here I feel is no matter what news, good or bad, the BBs and the same group everytime smash it to pieces.
That tells me that the we are either targeted by those seeking to gain from downward movement or we have the most pessimistic bunch of shareholders a company could have.
These often over the top reactions fueled by agitators who openly admit to poking their nose into things that they supposedly have no interest in, in my view impair the boards decisions over what to put in the public domain and so effectively we could be shooting ourselves in the foot.
While there has been little to shout about in recent months the fundamentals of the 1.87tcf and the additional 945ish bcf at Jurassic level still remain and we are but a signing of a piece of paper away from that, CH1 and the FFD that follows
For the more positive and optimistic amongst you (who need to speak out sometimes) in case you missed it, the licence should come with the gas terms & GSA attached to it, which means from date of award there should be no further bureaucracy to stand in our way. That is an unexpected bonus for me!
Financially we had 1.86m at eoy and have added 2.4 following the raise. There is reasonable expectation of licence award and farmout completion prior to 31st July and bringing with it 5m and high confidence of being paid the disputed 3m we are owed. Total 12.25m this year.
Good night all