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no debt

  1. oilleak

    4,430 Posts.
    Hopefully the rights issue & placement will provide enough cash until start of Chinghetti & then on to Tiof production.

    No debt = No interest

    Although a purchase or change in plans would not surprise.......

    Once Chinghetti cash is flowing in things should really start to move along....

    No debt, Lotsa cash
    Announcement re Huge Matamata coming soon hopefully
    Pelican sounds like it has oil under it from Dana
    Ching & Tiof on the way
    NZ drilling medium term hopefully
    WA stuff happening

    It all looks good to me, but look for the lows between announcements/drilling program.


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