Half way through delay15 Dec 2016 22:27
All being well we are about half way through the 3 week delay to early production. By the time we get there oil will hopefully be nearer $60. The build up from initial production to full production should take between 2 and 3 months depending on how smoothly it all goes - the build up is the final part of commissioning, we should see good share price gains on initial production followed by steady gains during the build up. Post full production, the falling debt, the additional acquisitions and the rising oil price should producer further steady gains for Ithaca well ahead of the market and the oil sector average.
All looking good.
Vlad