It's the old story Longwindingrd there is no update that will make traders on HC happy , there's either to many , not enough, to positive , not positive enough, don't contain enough information and if they do it can't be understood and if it was understood it would be misinterpreted anyway.
It seems everyone on HC knows how to run an oil company and the ones actually doing it haven't a clue...
If the oil doesn't flow enough to cover costs we are toast in the long run anyway and all the updates in the world won't help that. Things are happening , we will have 6 or more EFS wells going by years end but only three that will be giving us income, it's hard to say how many other wells at other projects plus there is finance being organised. At the end of this year we should have a much better idea of where we stand.
It's not as if we are drilling dusters as operators but not much more can or will happen untill finance is sorted.
Cheers Whisky
AKK Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
