RE: Trading nice start1 Nov 2023 09:57
Would not worry about the FPSO Leftitlate, Boil have zero interest in production, be long gone before the REAL operator and Majority holder/s get round to that, Baron not an oiler, just an early stage investor in assets, plan has always been, JV 1 successful drill and sell on, if no early sale achieved (at Yeo ho ho's presentation "Right Price", same with Dunrobin, progress, cashed up , maybe a shareholder dividend thrown in, fully funded for the next entries into the Baron Portfolio.
We do not even need to drill, to get some value added for the currently £0.00p valued Chuditch, just a YES from TL to go ahead, or them with OZ or China, stop talking about building Beaco, or is it Natarbora now? (NGO leak) and release a statement , it is being BUILT, either way, we have what has been missing for the past 20 years, a path to market, that's when the Tier1/Majors will flood back into the ex JPDA , now TL Maritime region. GLA 🤔
JV and 2024 drilling (plan was for two initially , 1 x appraisal and 1 x exploration, easy for a bigger player)should find us a new much higher home (trading range) but the Golden ticket remains in the hands of TL, Permission to a production path , then the multi mega bagger will kick in, if no Golden Handshake SALE lands first. 📰👀👁🗨👁😜