Just seen on Twitter28 Nov 2022 11:55
people asking about why not buying back more shares. They have another 9 months to do this, no point blowing their limit with the oil price dropping like it is, could waste what potential the buy back could do when/if it was really needed. I am sure there is lots going on behind the scenes that will bring a lot of value here, people need to relax and wait. We have the gas coming online soon, OK, only to power the site initially, but the take-off will allow more oil production, more revenue. When you look at market conditions in this industry, so many companies are struggling, can't raise enough cash to progress their operations, just keeping the lights on. Waiting on them is high risk. Look at your investment here, the company can do anything they want. Covered for all planned drilling, loads of cash, lots of revenue, great place to be in. Just have to sit things out imo and everyone will be well rewarded.