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Ann: June 2024 Quarterly Activities Report, page-4

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  1. 246 Posts.
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    In my opinion, the next great hurdle is revenue. I don't think the market will really even seriously consider it until it's making money...or at least loosing less.

    I do think the next two wells could make a difference if you've a big fish watching and waiting for a key result. There used to me a magic number...kind of silly but it seemed like when there was 8-9 tested wells that would start to kick off transactions. You could argue that these wells will put us there. However that was in environments where the wells could readily be out on production.
 
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