Pxog rns8 May 2018 10:46
So after waiting nearly 5 months, we get Polish asset to be written off.Italian asset to be in production in the next 18 months(so no rush there, maybe the bod should ask Berlusconi to get things moving,even though he's not in power).Romania asset to be in production near future (take a guess probably in 3rd Q). Spanish asset being moved along at break neck speed, Clearly the partner is keen to drill and confirm the hydrocarbons. The bod were suggesting lots of news flow in 2nd Q, I guess they summed it up in 1 RNS. Now if spain drill in 4 Q, shareholders will be asked to stump up £2.1m? So everything is on Spain being commercial in 4th Q, until then not much for the bod to say. Bod have disappointed so far, except for the 50% of Spanish asset,( in a proven hydrocarbon region). Another 5 months of waiting for no news, and the inevitable placing to fund the Spanish drill.