RE: prospects?16 Jan 2018 12:15
I don't know for sure we are getting money out off Egypt, but we are still doing business with them and rns stated there may be additional drill this year. I believe we are getting paid otherwise there would be no point in any further dealings with them.
At current oil price and with around 1200 barrels per day production the cash burn should zero in fact we should be making profit.I would like to see latest accounts which I hope will confirm this.