rens1976 stated
"In fairness, most of those answers would be market sensitive, and not appropriate for a webinar unless disclosed prior. He did say he could not release detail around these types of things until he informs the market."
There is nothing market sensitive about outlinuing an expected timetable even one conditional on PPSA signing and he has had every opportubity to announce things prior to the webinar. I find it appalling that he keeps saying the PPSA is ready to sign. They are paying to hold a rig idle, he has said they are ready to shoot 3D seismic to better define where to drilling but have not started drilling. To be credible he needs to outline a timeline that can potentually rerate the company i.e. shoot the seismic and start processing it so that he can drill another well or reenter the existing well at a 40% discount and test it!
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