Tharun is a Chartered Financial Analyst from the CFA Institute, U.S. A graduate from Loyola College, Chennai, he started his career in Goldman Sachs at their Bangalore office. Prior to his current role at Proactive Investors, he worked as an equity analyst at a global research and analytics company in Mumbai, assisting institutional clients across Asia.
The company has estimated a US$31 million per annum increase in revenue at current rare earth prices.
Oil prices were up 8% during April with an average monthly realised oil price of US$67.39.
The initial Ungani 6 drilling operations with the NGD 405 rig are expected to take some 20 days.
The oil and gas company is focused on its portfolio of offshore assets in northwest Africa.
Whitebark has commenced the next phase of development at the Wizard Lake Oil Pool Project in Canada.
The company had cash and term deposits at the end of the March quarter of $20.1 million with no debt.
The company earns revenues through oil and gas royalties held in 15 locations.
Carnarvon has attracted a great deal of interest with its oil & gas story in the last 12 months.