Hi Jurek
Seems you too are not very optimistic about the possible progress in production.
I do not think more money would change this production level to much.
So what can change production levels then?Better technical handling?Supposing they can reach steady production around 16.000 to 17.000 .Does it change much on valuation?What do they need to support an sp which can go over 1.88 in value?
As of today with the fact they dilluted the stock twice the amount it was before crisis ,now running 2 pods has decreased the value compared to the sp we were before crisis.So what is so wrong with that company?The fact they can not ramp up production towards the designed capacity is that due to management skills or also by problems below in the wells which don't respond as hoped?External factors like better bitumen prices are above management operations.
Which level of production do they need to lift the sp then?
