I think the answer to that is self-explanatory, given how poorly one of the wells is flowing, plus their production facility is under-utilised despite the drilling of three weeks, two of which had major stuff-ups. I'm guessing one the wells will be suspended in the short-term due to ever decreasing flow rates, and this is one of the reasons for not releasing regular flow data. Will they need to sink a 4th well?
Don't get me wrong, I'm happy with the current revenue inflows, but it's disappointing things didn't go more smoothly.
BYE Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
