that's the golden question mate, as would put things into perspective for trap / lhd athena valuations etc,
do you think they will tell me if i email them ? lol
Furthermore Spike upside in terms of increased production with more production wells to Athena Oil Field, says Bjørn Inge Tønnessen, CEO of Spike Exploration.
jmart, agree this year is very much about building a nice cash reserve and positioning the company for 2014,
should end the year with a tidy sum of cash , don't forget also have $7m form caithness if they don't drill forse,
and remember takeover a possibility
As at 31 December 2012, Trapoil's cash resources totalled approximately £9.3m which were subsequently augmented by the receipt of the abovementioned £4.2m post completion adjustment in respect of the Athena acquisition in April 2013.
so its saying we have effectively 13.5m plus this years cash income?