Ann: Quarterly Activities and Cashflow Report, page-23

Dan Lougher emailed me the other day re prepayment.
I requested the management to provide clarification on what they have been prepaying because it just started smelling like a bullshit to cover up their incompetence, Dan Lougher said they will provide more details re prepayment but I see nothing on quarterly. Trash talk…
I also asked them if AW1 has any credit issue and is this why they have to make prepayment for services haven’t received yet - Dan Lougher provided no comment on this issue.

but again, what are Shaw and this management trying to achieve here?
retails get sick of their BS and get out at loss, let brokers to accumulate cheap, pump up next year drilling season, rinse and repeat.

watch Dave’s presentation few weeks ago, he said permit process takes average 4years and they are in 2-3years mark and you can do your math.
but when someone asked him ‘so when the production will start?’ Dave said ‘I don’t want to jinx it’

this whole thing is a stinky deal done between this management and brokers. It will shine one day but retails won’t benefit from it unless they tolerate massive paper loss.
Shaw to get free 45m options exercisable at 18c.
it will get there one day and it’s up to each individual to hold onto it or let go, there are plenty of opportunities out there to make that money back.