Following the divestment of the Ukraine assets for US$32.8 mm, near-term pressures on the balance sheet are being alleviated. In addition, with key assets in Romania and Tunisia, the risk profile of the firm has materially improved. The Company is in a cash preservation mode and considering taking on a partner to develop its Romania assets that could be more material than currently meets the eye. Additional funding would also allow an acceleration of the development of Tunisia. While we see valu ....
