With operational spend down 65 percent, Tawke sales now generate some USD 10 million per month of free cash flows to DNO, notwithstanding lower realized prices.
JSE has just passed an important milestone, 6 months of Production at Montara, and incredibly were producing around 20,000 Bpd, The banks must be very pleased by the way the BOD have been running the business
Hmm, yes maybe, but the market could perceive that as false statement, as they cant buy back right now, while were conserving cash due to pipeline being closed, and political situation,
Will we get AKATARA update, (Video) within the first two weeks of Feb, or will they stretch it out again until the end of the month??, should be 95% if not more completed on next update,