Volume over 82m in 2hrs 40m of training up up over 10% - good news any time. I have been saying all along be patience. People on this coard just can't see more than 2 days ahead if that. All idoit trolls and very very sad excuse for human beings.
Following yesterday’s announcement I said that I would add anything I picked up in a conversation with CEO Eytan Uliel this morning.
Whilst Eytan is slightly disappointed that he hasn’t hit his self-imposed Christmas deadline for the Uruguay farm-down he had in my view set himself a harsh date to hit. The usual technical licence paperwork is done and therefore all is ready to go.
That still leaves the likelihood that the farm-out will complete in Q1 2024 as the potential partners are in possession of the necessary data, a timetable foe 3D seismic and where the Government stands with regard to work programmes.
CEG has been slightly delayed but the firing gun has gone off and as I said yesterday 2024 is going to be an exciting year for shareholders as the world’s energy companies descend on Uruguay…
From the information completed the work on OFF-1 just short of 3 years ahead of time - things are moving forward very quickly which is a very positive sign.
Before the trolls keep asking Contracts to be signed in coming days / weeks. A loot of contracts were signed 3 days ago and CEG were present. This in turn would have increased the value of OFF-1 and OFF-3, bit more patience.