RE: USA asset looking solid3 Jun 2023 08:12
TYB = Wrong.
HH - 'latest' does not equal 'current'.
Thanks for posting info that we can all read in company reports tho ......amazing research!!
The same report stated:
'During the six months ended September 30, 2022, the Company produced 90,591 barrels of oil from its Tunisian assets (2021 - 94,662 barrels)'
So production was slightly down??? odd???I thought the story we were sold was that the company was going to develop and increase production from existing assets??
Why did you not post that section btw. ?
In the same report luca specifically mentioned income from italian electricity sales being the stand out result for the period . That will be down this year too.
Andrea is a salesman, just like you.
In his latest RNS he says that dealmaking is 'one of our strengths' . I do not doubt his dealmaking ability but what are the other strengths? As time ticks by without increasing production figures they are proving that dealmaking is their ONLY strength, and by his own admission even that is proviing difficult in Africa.