The most obvious announcement would have to be some sort of...

The most obvious announcement would have to be some sort of renewables push centred around Borba and the Sacramento tenements there's a lot of cash wanting to champion hydrogen and alternatives in California. Even government incentives by the sounds.

Question is when do they reveal what the plan is, I'm assuming something popped up that made them want to pivot from Phillipines back to Sacramento. Other then the fact a small outfit has huge risk even for offshore appraisal wells which they've hedged now with no outlays.

Xstate is on the hook for drilling costs with Anshof - 2 so can't see it being a big spend more likely a partnership with another mob hopefully non-dilutive. Regardless the directors have taken equity in lieu of payment something good must be cooking borba 2 year anniversary of the discovery is almost here time to make a decision data centre or blue hydrogen lol