Quarter and beyondFirst i found it nice to see the earning release shortly after the close and not have to wait several hours to get the results. Not sure if anyone else noticed this.
Results were ok. We keep growing cash in the bank shouldn't need to have to raise money with more shares.
Venus, would be nice to keep a slice, but if the $ is there and we can use it somewhere else that is 4-5 years away.
3b/4b, if we go down to 10-15% and covered for some drilling that would be nice. If 4b boe recoverable and we keep 10-15% that is 400 - 600Mboe .. Would be nice in 4-5 years depending on everything.
EG31 & 18, would be nice to keep 10-20% and depending on how fast it can come on, that would help to pay for more of the other portfolio needs.
It was nice to hear that there are suitors for 2 of our blocks and potential timelines of when they are expecting bids. That at least tells us things are happening and hopefully those timelines stay true and are not pushed back and pushed back...
All in all the next 12 months are going to tell us a lot about the future. If things go well in all fronts this has to at least double the share price (JMO).
Not sure if everything goes very well on all these things what this stock could look like in 5 years.
GLTA