RE: Navitas News26 Nov 2023 13:13
"First oil is expected at the end of the year 2026"
That's about as good as anyone could have hoped, but I think it also hints at the likelihood of slippage into 2027, which would still be quite an achievement.
Regarding Sam, agreed about not being able, or allowed to give financial advice about warrants, but he could still say something positive about progress. I suppose he has had to wait until Navitas had made their announcement, but now what's to stop him?
I had always wondered about the warrants expiring on 31/12/23 and had assumed that when their expiry date was decided, it was expected that before 31/12/23, Navitas would have made a positive progress report about SL.
Today's report is probably all Navitas are going to say before the warrants expire, which I think is positive enough, for the time being.