The ann this morning didn't give me the fix I was looking for.
I had that thought too, hopefully they need board approval for the discovery announcement.
What does 'declaring a location' mean? I've only come on board recently (mainly to get some more Palta exposure) but haven't heard much about the Cornea venture. Looking at the website, the discoveries have been made, are they in the process of turning it into commercial, or are the discoveries so far non-commercial, and they're still looking for the main strike? Or are we actually making money off this one?
It looks like the website hasn't been updated much, and that the JV is in year 3 of the renewed lease. I couldn't see much extra info on the Moby website either. I did note that Albers was the director of Hawkestone (the operator) though, and that Hawkestone is a subsidiary of Exoil. Exoil was delisted in 2011 and shareholders were given Moby shares.
Anyone know how this all works and can take the time to explain it to me?
The ann this morning didn't give me the fix I was looking for.I...
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