producing 3000 bpd16 Jan 2020 10:07
We are currently producing ~3000bpd . Last month the MJF field produced $1.94m in revenue.
If all goes well, we could be producing ~12000+ bpd this time next year and on the same sales basis that would produce $192 m pa, which approximately equates to our current mcap. That should leave plenty of scope for a nice dividend and enough funds to have a crack at the deeper oil. An awful lot is riding on A5, so no wonder they are taking their time.