SS and future.27 Mar 2019 12:48
We are lucky to have SS in charge. He has taken us from an exploration minnow into a production company overcoming critics, swampies, self protectionism politics and production problems (BB) etc,etc along the way to name but a few. He has generated free cash flow from a vertical well/wells currently on choked production at low cost to the extent he has funded further sidetracks/potential wells etc with immense potential of vastly increased production and cash flow within the current year and 2020.
Most Aim shareholders of other companies would give their all to have him and his team in charge. Now he is following his advertised expansion policy by making funds available- now thats what I call confidence in an Aim Company.
Most Aim companies place to raise capital to pay off debts,pay for mistakes, ward off bankruptcy etc as many will know to their cost.
So be happy to be part this expansion programme- A rare occurrence in todays markets and take it that this money will be well invested for the future and the turnaround will come.