Hey @gottalovevmt you have your finger on the pulse. And you are asking the $6million question (it costs approx $2million to drill a well in the Gobi am I right). This is the key differentiator currently between FTSE:MATD and ASX:WOF both have good ground and are preparing to drill very promising wild cats, but Petro Matad have the cash (they also appear to have 3d, which I can't find evidence that Wolf do)
So where's the drill money going to come from?
That 51% stake says Chiiina Chiiina Chiiina
WOF Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held