Conference Call7 Jul 2018 08:09
So what do we all think then ?
For me it was a measured delivery of where Alba are at this time which lacked any big ramping from GF which to be honest is what I was hoping for,
GF seems very happy with the diverse portfolio held by Alba and somewhat reluctant to sell of any of these assets at this time even though some could be considered of no short term value.
So funding must be at the top of GF's list and given that Alba will need funds to progress with HH, Brockham and TBS do they wait for HH EWT results or grab some more funds beforehand in case HH doesn't deliver enough to cover the next Well Drill at HH and other planned operations ?
What would we do if we were in GF's shoes ?
Wait and see what HH EWT's give us ?
Raise more funds now to take some pressure off should the EWT's not go as well as hoped ?
Look to sell of an asset or part of it to concentrate on those that look to deliver the best near term results ?
Personally I would go for the later but i'm not GF..
How about you guys ?
Funding is always the Elephant in the room with chat boards so feel free to tell me to STFU :-)