Do we really believe the drilling contractors have been sitting on site with their equipment awaiting Management to say, Hi Fella’s we’ve got some more money can you start drilling again? I hope I am wrong but I have said from the off I do not believe Schuepbach have available folding cash. All we have seen is a rehashing of % ownership to keep the Receiver away from the door and avoid trading insolvent. I think we will see an announcement saying Uruguay is being mothballed until a later date or the asset sold off and our focus is now Spain... and it is funded... and at a later date, it is funded except for....!!!
Hope I am totally wrong.
Good Luck All
PRL Price at posting:
0.2¢ Sentiment: None Disclosure: Held