RE: ☎️. Biscathorpe4 Nov 2023 10:44
David did run down all the drilling costs with me once an we were covered for all the drills as he says here:
Union Jack continues to be cash flow positive, covering all current G&A, OPEX and contracted or planned CAPEX costs, including any drilling activities for at least the next 12 months, without recourse to the Capital Markets.
We now need to hear that Wressle is flowing an at a good rate to continue building the cash flow hopefully to add to our TR1 with Beacon Energy.
Also, you'll be interested in the document that Kamran sent me last week re the Reabold requisition. I hope it is RNSd for all of you to read shortly
Speaking to Kamran, West Newton is the groups top priority an to move remainder of the portfolio forward asap for Reabold. This is of course in all of our interests.