What is going on?My understanding was that 88E was organising...

What is going on?
My understanding was that 88E was organising drilling and flow testing in Alaskan 2023/24 winter, in other words drilling and flow testing window of opportunity would begin in November 2023, Consequently, I have only recently resumed reading comments on Hot copper. I construe from what I am reading that the flow test will happen towards the end of Alaskan 2023/24 winter, but could be delayed if winter ends early. Also, no drilling is proposed until 2024/2025 Alaskan winter!!!
My confusion is why 66e has not organised flow test for November 2023, should take, assuming no issues about 10 days, and why is drilling being delayed until 2024/2025 Alaskan winter? 88e is a small oil exploration company, which is predicated on high risk and high return from exploration drilling for oil and gas. No drilling means no risk, but no return.
According to Financial Management theory there is no point in investing in 88e for the next twelve months, opportunity cost of money, better off leaving money in the Bank earning high interest rate or invest in another oil exploration company that is drilling. Also, oil is cyclic and currently at a high, but the oil price will retreat, in other words sterile while the iron is hot.

I recapitulate: 'What is going on?'????