Financial PerformanceJadestone's interims guided to a slower-than-expected ramp-up at Akatara, resulting in a slightly higher year-end net debt position.
Leadership ChangePaul Blakeley has elected to step down as Executive Director, President and Chief Executive Officer with Adel Chaouch being appointed Executive Chairman.
Operational IssuesA mechanical issue in the gas processing facility’s refrigeration compressors at Akatara has curtailed production, with repairs currently underway.