re: Ann: Targets Gas Production of 15 mmcf pe... Kiwi, mate, I'm afraid to say as you are now a non-holder, then yes your money is a sunk cost
The company doesn't care about your money, my money or joe blogs $250k that he bought on market
Fact of the matter is, is that they are interested in funds that will recapitalise the company
Further, it is clearly evident that the Company has a blatent disregard for these individuals/entities also (pattos for one)
The fact is you, and other holders including myself, invested and were shafted by JC
The difference now is that JSjr is now in control, and I see a better outcome throwing further funds at this knowing this fact
To say that we need to get 55 from 22 is silly, that's like what, 2 from each well
JSjr has said that 17mmcf is achieveable from1 well, 11-17, but clearly has had resources/cash, and creditors out the wazoo
These same creitors, who were onsite, even packed up shop until paid (as you do) making it further restricting
Thing is JC is a dog, and that's that
Its crunch time, do or die, forget or be forgotten, because the Company will do just that
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