Yes, but at least we have inward cashflow at last.
it is great to see that we are now a producer and we should not lose sight of what management have done in terms of this acquisition. With commodities on the rise and upside potential with both wells, they have really set a platform for the company to grow in the years ahead in this region.
It is really a shame though that the problems with Tanzania and Italy has overshadowed their performance, (putting their management style to one side.).
I still remain very upbeat about their future and look forward to their UK drilling program in a few months time, especially if Oil prices get near the $100 mark next year.
Cheers
R
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