This interview may turn out to be a train wreck for share price!
The cash available is to last for around 18 to 24 months maximum at current burn rate while cash flow break even is anticipated in 4 years!! Who is gonna front up with cash for two years after they run out of current pile of cash!!
After reading this interview- I am afraid that our resident pessimist may be right!!
OIL Price at posting:
18.5¢ Sentiment: None Disclosure: Held
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(20min delay)