Of note23 Jul 2022 04:17
"Most importantly is we've made a very large discovery here, and so we control it"
It feels the new Reserve based lending will be based on the net reserves updated by the discovery? which surley will be massive in comparison to what we have at this point!
RS report is coming!! "and frankly its a big number, they've done the numbers and they've got big numbers too"!! - = Verified Major discovery inbound. But the implications, extractable reserves who knows.
Low production is due to restrictions due to pressure, think production will increase drastically soon as able. Probably double at least to start, have a bit of working knowledge on this so pretty confident. Lower pressures, increase production, upgrade system, increase production again.
closing statement, "reaffirms the assets we have and the opportunities we have in-front of us"
Today sucked but it seems we may just be in for a crazy ride in regards to a chain reaction of value adding events.
Night.