Kukes acquired Pedevco in June 2018 if I remember correctly... I would think Covid put a hamper on many business plans of 2 years with crazy swings of oil market prices.
So what realistically 3 years into the business plan... Production is continuing to grow...
I am only speculating because of Simon's age... I mean does anyone really think he wants to continue working and growing businesses into his 80's and 90's. I don't know maybe he does.
Again I'm only speculating. Pete may be absolutely right and he wants to continue growing the business larger.