Yes BUT cash at the end of the last quarter (March) was 1 million (which they had just raised) and forecast 0.5 million for the next quarter (ie to now) so probably now down to $500,000. Two wells were supposed to have been drilled by 1H 2014 which finishes tomorrow. If their prospects are so good hopefully that can get a joint venture or two happening with partners who can supply the cash. I like the potential upside but at the moment it appears very potential
1 Billion Barrels of Oil, page-2
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