RE: Just hoping when we get the detailed update on Friday28 Sep 2023 09:00
This has certainly been a bit of a `Dogs Dinner` ( Apologies Nelson ! ) over the past six months or so , but there will likely be some positives in tomorrows update :
New wells , New production coming on stream , Insurance update , Increased non opps revenue , Pipe line update , Processing Plant and perhaps more forward plan detail including 16 .
So , some mitigation should there be further delay with 32 .
This will be no `Game Over` . As mentioned before , i do not believe there is much , if indeed any , value priced in for The Paradox . Over the last few weeks The crafty MM`s have squeezed the life out of the sp on what has been very little volume and very little sales v`s buys . I think they have this priced as Non Opps value only .
Worst case scenario tomorrow ~ possibly just further delay .
I still believe that we will need a partner to really push this forward , I`m sure CH will be hoping that wont be necessary until the 32 conundrum is resolved .
VGLA .