Your production guidance for the year always needs to take into account shut downs and maintenance, last year was a very good year for PMO and if you didn't make money on PMO you should be questioning your own competencies.
I thought I'd boxed clever and got in after the placing, I forgot the confetti kid was in charge. I guess we are looking at June for ops to start in June. If it is Milton who took the placing then they will be holding and we won't have any new overhang.
AC is far to busy drooling over buxom Bonnie at the moment. Although it does look like his endless top ups have resulted in him changing from Savile Row to Next Clearance.
I know a few on here like a flutter on other stocks, ECO is not cheap at it's market cap, but the June drill by Tullow and the current drill by Exxon in the same basin are game changers.
AC could easily draw it out another couple of months on recent form. At present it's clear placing shares are being flipped at a healthy 20% profit, until these are cleared any rise will be limited.