RE: Well that Explains the selling2 Jun 2026 08:37
Honestly a lot of positives in that. Reservoir is responding to stimulation, helium presence confirmed again & moving towards the critical frac + flow phase.
No major red flags so far.
But my only concern is on cash flow the next phase further frac and stimulation work is not cheap, and even taking in to account existing cash flow from oil and recent 5 mil raise they will burn through cash quite quickly and a further raise is a real possibility. So always open and transparent, I de-risked a little selling at 0.031 and bought back in at 0.029. But still massive potential upside, GLA.