Dunmore4 Feb 2019 20:38
Sharelock - you got me to reread the statement. There is potential news on many fronts, more than I originally though. The Dunmore mention is interesting, obviously been working on this and there are plans.
MFDevCo believes it has identified a development mode that could make Helvick and Dunmore economic to develop and has informed its licence partners accordingly. We believe that this work will create 'standard, repeatable' projects I referred to earlier which, logically, should be quicker to deliver.
We continue to negotiate a number of specific opportunities at different stages of the 'commercialisation cycle'; we have submitted proposals which are being considered and we are hopeful that we will be able to update shareholders with positive developments in due course. Our marginal field proposals span a range from larger scale opportunities to more standard repeatable and smaller projects, resources are being applied proportionally as required. We are building a team to speed delivery.
Hence the PM on board. Something is brewing considering the share price action.