Nobody heard any news from the cc?
I think a lot of different question should be put on the cc this time i.e. effect from the power outages and how they gonna deal with ?
Didn't they mentioned something about a wait and see approach for their next expansions.With an sp at lthese levels we are in narrow shoes IMO.
Now they had 2 plants running the cost side will be up to.How many barrells minimum must they extract to cover production cost from 1 pod?If they face a same ramping up on Algar and they can't meet production design in the same period of pod 1 then we have only around 15.000 to 16.000 bpd by end next year.Is that enough for 2 pods running.Operation cost is also higher because of more employees etc..or will some of them do work for both plants ?
Anyone some ideas what they need at minimum for operation for 2 pods?
IMO what we need as soon as possible is a stable economic siyuation which gives a better and higher oil price and for Algar let's cross our fingers they get the wind in the back for once.If all above goes the other direction I don't know in what situation we will enter .