BUSINESS POST24 Apr 2022 09:04
Interesting article in the above today from the Chairman . He espects a license in the next 90 days regarding Barryroe. They will then proceed to do an apprasal well after fresh funding from shareholders to the tune of $65m .... that's rooughly 2.5b new shares to be issued. They are now indicating 80m barrels of oil offshoe ... wheres the 350m gone. The date for production 2026 ... so long ways to go and billions of shares in issue. I'll keep my powder dry ...there's a few more facts in the article for those interested...