RE: Bearish play2 Apr 2026 09:32
You do not know that ! That is what you think and what you would like to believe.
If it was a simple case of that , why were NET oil sales not given ! Would have been easy wouldn’t it.
A complete smokescreen as per usual PG
What ever the case 7.5% , 15% or 30% it is totally convoluted and I would state with confidence that Declining production which is clear , is now needing new capex to just keep base production , ie circa 300 bbls a day GROSS ! That is not free to us, that will need money spent spent and recovered to NABI, I would safely say the majority of our net oil sales are now at the low percentage ( either 7.5% or 15% ) and we have very little 15% or 30% from innitial production when agreement was signed over a year ago.
Complete smokescreen and mirrors , there is NO factual evidence in the domain that state clearly what are NET revenue currently is, however bet your. Last dollar if it were increasing , it would have been announced at the Feb Production RNS , it was not and only gross numbers were given . Why ?