RE: DH and BOD differed salaries16 Dec 2025 07:13
Quiet on here and the other bulletin boards. Is now a good time to buy at all time lows ? This is from the last interim statement and hints at progress being made perhaps ? Buy when others are fearful some decent investor once said.
Starts
Accordingly the key ingredients may be finally falling into place for greater stock market and farm-out support of juniors embarking on new frontier projects.
Petrel has been investigating acquisition and organic growth opportunities in diverse energy-related sectors and countries. These must be backed by finance and proper legal title. Initial review work gives our experts confidence in the reserve and resource numbers. Potential offtake agreements - both for the EU, as well as China and India are economic at current prices. These are Petrel's strengths.
Based on initial discussions, we do not see offtake, financing, and permitting as insurmountable obstacles in such critical resources.
Financing
The directors, and their supporters, have funded working capital needs, and are prepared to participate in any necessary future fundings.
The board expects to add another one or more Non-Executive Director with the next major deal.
Ends
Nai/DYOR