Debt Free22 Mar 2022 08:40
With the funds from the current uplift en route for sale, the next RNS should announce that the company is totally debt free. That will be a monumental announcement, one that very few companies are able to do. The average price per barrel for the first five days of the month was in the region of $112 and the average price for the last five days, yet to be determined, could well be in the same ballpark. Safe to say that we can expect a minimum of $105 to a maximum of $112 per barrel.