It’s possible but I would think he is wholeheartedly focusing on smashing down the Debt pile as he stated. The higher the oil price the faster it will fall.
Like I’ve said over and over he does what he says. Bumi have been the ball and chain all the way through but now Enq have experience with the FPSO I’m sure it will see reliable production at mid 40’s
What really annoys me is the fact that AB has executed everything he said time after time and the doubters proved wrong but still they keep on, blimey by now after growing the company through very hard times it’s time to actually believe what he says.
The company is now focused on Debt reduction. I have faith in what he says
Fernan if that were the case then we would have been downgraded already by Moody's as higher risk. I just don't see why you even invested at all as nothing has changed ! I think you have ran out of patience stamped your feet and pushed the sell button. You have always leaned to the negative side of Enquest anyway. sure you haven't just closed a short ?
Morning Chilting, Its actually better than I thought as well, Maybe now the market will respond positively to this as we are still priced as high risk. Today could be a good one
If Enq can crack it with DC4 and average above 40k then it will be a massive success, and if the analysts don’t see that as hugely positive then nothing Enq could ever do will change that !
Moody’s will upgrade us again after Results in March I’m sure