The horse may be good, but the jockey made some dumb moves last rece up, which cost its owners one serious money.
The second Vegas well should be drilled tomorrow (12 business days) assuming they don’t work weekends, however I would if the market was the way it is at which they should be half way through Vegas 3.
Waiting on the completion services announcement.
Wells Fargo lending within a few weeks last Monday.
By the quarterly update I want to see funding in place, Vegas all drilled and hovencamp started and completion in Vegas begun.
This will signal momentum. Then all the jockey needs to do is whip the garage down the back straight and the market will take notice. Oh and stay away from horse crap CR that serve their mates!
FDM Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
