Free as I understood Zaza the cost difference between old and new wells is only about $600k. Just another couple of months of cost recovery. And the funding is pouring out of the ground into the waiting rail tankers as we chat :)
Exploration is difficult to plan. Just look at JOG's latest RNS and you can see the frustrations that an exploration company has to deal with. And then to manage shareholder expectations! Glad I'm retired from it now.
Dougal, surely if Zaza concentrates on those matters and succeeds then the SP will respond accordingly and us long-suffering PIs will be extremely happy.
3 oil-producing wells; YA being paid off out of revenue (no more dilution); mega gas field proved up; balance sheet cleared of debt. Doesn't seem too shabby to me.
Not really my dream other than it would scare the ess aitch one tee out of the shorters. If FRR reaches its full potential and retains control I see a dividend stream that will keep me and my children happy for many years.