It is quite interesting to see people still selling out at 0.002...

It is quite interesting to see people still selling out at 0.002 when the company very likely in cash positive next quarter.
Management needs to choose carefully who to raise capital with in the future as some brokers have the mandate to boost sp to benefits long term holders.
This stock been trading 0.002c - 0.003c and hit 0.004c for a number of months based on the current production of 700 bopd. Production is now double this amount so I am still struggling to understand why sp hasn't moved a bit.
They are also looking to acquire more projects to boost reserve so lot of potential moving forward.
I encourage everyone to email the MD to stop raising CR with these dodgy brokers. It is better to obtain some debt financing for future acquisitions.
This company is very good with their announcement. we likely to get an update by mid next week.
patience requires for this one.