Bestmuff,
Did I miss the announcement that SRH 5 WAS PRODUCING 400 boepd?
Last production report had 111 boepd or total revenue of approximately $4300pd.....Over time expenses for this company or the loss per day equals $26,000pd or $780,000 pm and that has included the daily revenue!!
So even with your $500,00pm dream result history shows the company is still spending more than it receives.
Bestmuff, You may know more about the plan than me, but I do know that negative cash-flow at a rate this company burns it imake it reliant on Capital raising and I can`t see anyone left that is stupid enough to not see the real picture now. The last raising was only supported by the insiders that got trapped as sub underwriters. No one else participated,
The share price reflects the markets opinion as does the chart of the share price.
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