Should see a positive week…..hope to see 62p+ Operations in Oman start in a couple weeks and KRG negotiate fees to suppliers in December too. Lots to look forward to before Xmas
Both the CEO and chairman purchased 50,000 shares each yesterday at £2.88 and with RWC and Fil both increasing their stakes we should be seeing this one head back up today. Yesterday was a gift
They are certainly not sitting still on their cash and looking to widen income streams. Great to understand that of upto 75m is being recovered from the KRG (their entitlement from monies owed to DNO) this looks significantly undervalued.
Solid update production at 80k cash generative and cash in bank building. Oman to commence activity within 6 weeks. KRG back payments to be agreed to allow the sale of oil at commercial rates - expecting a re-rate in the SP.