The revenue for April was not brilliant. I think a lot of people will be pleasantly surprised with the may numbers which were alluded to in the last Ann. April production was not a full months pumping and there was the low reservoir of f2.
Enough concern for multi bag hunters to depart while keeping an eye on bye for next Ann.
Average ppbo has been at least $3 more than April for most of may to date and they did say f1f3 were merrily pumping consistently so far in may. I think investors will be more comfortable with a more certain reserves statement as well
We would all like to know whether the lease bids have been accepted as well to know what the future looks like
BYE Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held