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…
Https://www.energy-pedia.com/news/uruguay/challenger-energy-provides-update-on-uruguayan-assets-193614
VERY GOOD NEWS!!!!!!
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.
We do not care about the history it is all about now and the future. With 2 massive blocks in Uruguay we are in a superb position, especially for a junior in the market, and in the best position the company has ever been in. Look forward to the farmout and a successful year ahead instead of complaining and moaning about history all the time.