Calima looks like a great asset/real estate play to drill, prove up and on sell at higher acre values to spruik for but the key piece of missing info that has been missing from all presentations and reports at this stage is; where is Calima going to get the initial $22 million for a test well and the next $30million to develop (if successful)? Thats the equivalent to the entire market cap of the company
Ann: Distribution Schedule and Top 20 Holders Post Closing TMKM, page-9
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