Any smart investor or management would know that you should secure or move into exploration of the mineral, or need of the time, and that is oil and gas.
This company has one of the largest land areas of known oil producing leases in the Paradox Basin.
New data released by Zephyr Energy has identified the potential for huge oil reserves over large areas of previously misunderstood zones within salt layers, for data on this read there reports.
If the company has not secured oil rights, they need to do it now.
The company also needs to update shareholders of the potential for oil reserves, and announce there intention to look into it along with there current data that should be released to market.
The company needs to announce a plan to test for oil, and release there intention to the market, otherwise I'm going to start to wonder if our management has the ability to create shareholder wealth.
Oil is around $120 USD a barrel, and it has been tipped to rise to $185 USD a barrel within a year.
To management
Do not miss out on this opportunity in getting the punters excited, and in capitalizing on the booming oil price.
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