I’ll email him again when I get a chance with proper list of questions and my cashflow when it’s more detailed.
I think the company is in a better position than what the financials show. The funds from the 13.6% hole take 90 days to hit account (same with all holes) from when it starts producing so there is a quarter lag. The funds are paid to the drilling fund as per David’s email.
I think I had about 6-7 million USD yearly cashflow before splits and repayments. So we are at a point where we can repay facility or expand it dramatically and not need funding for future acreages.
I will hold my couple million shares.
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