Excellent solid updateThe Wassana going to production process in my opinion is now pretty much risk free. Yes we have a small delay into January but we pretty much know we have a MOPU check, FSO check, what i consider off take financing check...now simply do the math on initial 3000bpd at current brent...however one does the back of the napkin math and depending on multiple (3-5x FCF conservative based on considering a growth play) we should be btwn $2-$3 just on the Wassana project with expected infill. Throw in a positive FID on Rossukan and sprinkle in a new aquisition (or two) and close of 2022 and 2023 could be exciting for current shareholders. Add in a partner for Thrace deeps and could be a FOMO explosion higher similar to 2017.
What more does one look for in a small cap play?? HUGE upside my friends!