its just not worth the risk atm., page-15

I understand that Puntland is the big project that could be the company maker but...they already have a share in a commercial well (Smith-1) with further wells to be drilled...and then there is Georgia.

Surely if all goes to plan in Texas and Georgia, the company can make enough money to survive even if Puntland was to fall through? Otherwise why would they bother with the other projects?

Would be nice to get the results of the 72 hour test at Smith-1 though. They were supposed to start making money out of it in Jan!