Wakey Wakey Mr/Mrs Market13 Oct 2018 16:16
New management, new strategy, aligned BOD.
£13m cap, no debt
£7m+ cash (post UKOG shares sale)
25% Ruvuma (AEX farming out 50% for $40m) Appraisal drill Q4E followed by production plan.
30% IoW (5mmbol net recoverable, previous discovery - low risk, drill due 2019)
£2.5m invested in Helium-one pre ipo (IPO 2019)
8% Kiliwani North (reperforation Q4)