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pro_s2009

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pro_s2009

Re: pro_s2009 post# 870

Monday, 11/11/2019 2:20:41 AM

Monday, November 11, 2019 2:20:41 AM

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New Corporate presentation out.

https://www.petromatadgroup.com/wp-content/uploads/2019/11/Corporate-Presentation-11_11_19-Petro-Matad.pdf

All good and as expected.

Heron bigger than 25 MMBO recoverable.

Blocks V hoping to extend so can drill in 2021, focus on Block XX in 2020.

Upside from Erdenetsagaan are in South - 85MMBO recoverable.

Only need 10m to 15m US$ to get into cash flow positive and self funding.

.
So the question for Mike......will it be Petrochina farming in ? or bank debt ?
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