The Three Ring Circus has a long history of entering projects far outside it's expertise and financial capability. EDE has wasted well in excess of $100m on research projects with no obvious market. IMO the Greenland drilling by CNJ seems to be driven more by intellectual curiosity than hard-nosed pragmatism. After 20 years there is almost nothing worthwhile to show for anything they have ever done. I won't be surprised if 2022 ends with all three companies delisted.
The Three Ring Circus has a long history of entering projects...
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