Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
"Net debt will also linger as they need to pay for these transactions"
Terry you're clearly not an intelligent guy.
what do you not get about the fact that any oil pulled from Oct 2022 that is sold by Azule, decreases the price we pay for the asset?
the deal was signed to sell/buy in Oct 2022, so any money they make now, is basically Afentras and decreases the price as such.
And this tho, that we all knew already.
be getting it for free at this rate
Afentra continues to benefit from the asset cashflow from the effective date of October 2022 and upon the completion of the transaction Afentra will provide details on the financing of the final completion payment, which will be positively impacted by the asset cashflow.
'450,000 bbls of crude oil in February 2024. The sales price inclusive of the Brent premium was $85/bbl, generating pre-tax sales2 of $38.2 million to Afentra'
shame about azule tho. now pushed to Q2 for signatures.
Terry, did you miss the RNS about newlands reducing? they have been in here since the start (13p) and are more than allowed to take a profit. stop scaremongering boy and look at the figures. cash machine right here even without azule completion.
I learned long ago, never to trust to react to any share price within the first 15 mins of opening, unless something has plummeted, and you are buying, or its hit the roof and you are selling.
generally levels out about 8:30 to give an idea on the day.