These are not new leases. They are brownfields - they have been drilled before. Wasn't heritage/govt approvals granted for the original drilling?
Serious, these guys raised $6 million late in 2023 with the promise of a big year of drilling in 2024. Half of 2024 has gone and they have not even started.
The classic play of over-promising/under delivering which is common for dog stocks.
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