RE: Cashflow31 Dec 2024 16:29
From the Report and think Company have more 'realistiv' idea of cash & expenditure then poster here ;)
"A Happier Year should lay ahead for Petro Matad in 2024.
FInances:
"We estimate that, at the end of 2013, Petro Matad will have cash balances of approx US$2.5M. Starting to generate free Cash flow, we believe the company will start the year in a relatively strong position and BE ABLE TO FUBD ITS EXCITING GROWTH OUT OF THIS".
*Remember - they know best 'Cost Deferral for Production' terms with DQE drilling contractor and any RBL loan access / H1 Production estimates etc
Also see usual 'we hold' but 'talk down stock all the time' suspects around LOL!
Think they know MAJOR RE-RATE coming & trying to play BB for own greed.
Karma!
Have good evening GENUINE holders!