HWO Conf call transcript link from yesterday's meeting https://seekingalpha.com/article/4682757-high-arctic-energy-services-inc-hghaf-q4-2023-earnings-call-transcript
Looks solid, with team snubbing and Delta as highlights. PNG is in holding pattern but PIMS and rental are providing value/cashflow so that in H2'24 this is expected to be around Break Even.
2025 may have new drilling but this needs to be confirmed. 2 comments from the CEO out of the transcript on that:
"Yes. Let me be clear. The contract is not ending. The contract runs still until the middle of next year."
"And we will ensure that we have adequate access to cash once we've harvested some of the receivables in the latter part of this year to ensure that we can sustain our business and recommence drilling operations in 2025."
That sounds more hopeful than he was letting on but, as said, is not confirmed.
Cheers,
R.