You are right of course on their financial situation now that the first well is dead for now. They DO have the Dempsey deal to make some money soon maybe. The only thing i would say to everyone who has modest stakes in Raven and CAN afford/risk a loss if it come to that, is at least wait till the BIG Ticket item is announced end of month/ july as thats the key so far to see if we jump ahead in this game. They have said openly they want to be big quickly and they have already bought up xstate and are working on other smaller ones and no doubt we will hear about those gradually. Everything seems to ride on this mystery deal and its difficult to say if we going to go bust or join with a cashed up major and be on the move forward till we get some HARD data.. JMOO and dont hang on if you cant afford to lose if over extended as this is very dicey now with data on first well bad BUT with a Savour coming to rescue us soon???
Thats a tough call to make if one should stay or go as we have bad news now but with possible very good news coming...![]()
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