RE:This morning's RNSGreat post Londoner7! The new delay is lowered to a couple of weeks or so and we have confirmation that everything else is ready, which is very good news to me... By that time, brent price could be higher and the a startup RNS in the RRSP febuary month could add a boost. And Harrier showing up...
In my opinion, this little detail is significant:
"The net capital expenditure associated with execution of the development over 2017-18 is approximately $75 million, equating to a development cost of significantly less than $10/boe1. This represents a cost reduction of approximately fifty percent from that originally forecast. The substantial reduction in capital expenditure is driven by both detailed well engineering design work that has enabled the move away from drilling two individual wells to one multi-lateral and securing attractive contracting terms across the supply chain."
All imho, the stock is up about 1% in London...