Commodity Price RiskRisks include commodity price risk, operating and technical risk, financial risk, and political risk.
Equity DilutionRecent financing has led to a slight dilution of the company's NAV as the price of the financing came in below the value per share.
Financial PerformanceThe firm reported a net loss of $8.2M, or ($0.12) per share, during the quarter, compared to a net loss of $2.9M, or ($0.05) per share, in 1Q24.