RE: 24 to 36 months = 30p30 Jul 2025 13:19
Anyone who’s listened to bucks sour tone and negative language can confirm that today he was very very different. Read into that what you want.
My take:
He knows Petro China have tried to squeeze us but at this moment we have no choice but to put and shut up. That’ll change once the refinery is open or a different Chinese or Indian entity gets involved. As meagre as the cashflow currently is, it appears we are breaking even. Whilst the discounted raise was terrible, all that money is going into 3 potentially transformational drills.
All in all, we look on the verge of positive change.