announcement out, page-4

the real show begins now, that they have skin in the game.

it may not be right, but nevertheless, of their 20%, a win for them is a win for all of us.

I remain perplexed, as well, that these wells were not brought on line back then.

But, i can only draw conclusion, that they were in a narrowing financial position, and became constipated.

What really, really amazes me, is that 4-5 years ago, they didnt as the first course of business, test the old assets they had, these old wells, that now seem to be showing promise.

If that cash flow, had been then producing, the entire course of history would have been changed.

They would hopefully, have studied the old wells, and followed same for new wells.

What really amazes me, is that when they had completed the 15c placement, and announced intended 1 for 2 RI, were further constipated, and did nothing.

That is a mystery. That the sp was allowed to be slaughtered as perception of debt, was not sorted efficiently and promptly with that 15c RI. Even a 1 for 2 at 10c, if they had a 50% take up, would have changed things.

Maybe, it had to be at deaths door, in order for JC to step aside? and allow JS jr to enter.