RE: Guercif Licences can continue until 2064.24 Oct 2025 08:46
Keith Oz,
Below all taken from an expert analysis report , posted here as a link
What are your views on this., does not look good for divestment based in below does it.
It looks pretty abysmal actually. These are not my words.
* “Faced with the absence of commercially viable results on the Guercif permit”
* “Predator is reassessing the profitability of its assets amid geological uncertainty
* “The project, developed in partnership with the Office National des Hydrocarbures et des Mines (ONHYM), which holds 25%, has not yet demonstrated sufficient commercial viability to justify long-term commitment.”
* “Multiple drilling campaigns have failed to identify volumes that could be profitably extracted.”