the planet story to date

The planet story to date, the Canadian listing was put on the back burner for a while, until equity markets settle down. The last thing management would want to do is give the stock away cheap when equity markets are so choppy. The preferred option is follow the same path as Bolnisi Gold, The long awaited production from east esponda is due around October, but this is just an educated guess based on past experience & technical knowledge, when production starts Planet will earn income from 9 of the 23 wells & with the remaining 14 wells Planet will from revenue from the sale of gas produced from these wells will first be used to repay the development & operation costs. The west esponda is dewatering atm, but at this stage of proceedings it’s hard to put a time on when production will start. It should be noted that one of the 10 pilot wells produced almost immediately after drilling. Just 1 last thing when you start to research these stock you realise that things take time to come to fruition & Billy Gatess is right when he said that PGS is about 2 years ahead of EPG. This is my research & you should do your own so you can make an informed decision. Good Luck