It's all fun stuff. I remember having a conversation with one of the former directors. He said the trouble was always that they had assets too big for the company. If you really look at CRUX, and ES they have enormous potential. Literally multiple hundreds of million of bbls of oil. How to unlock it? That was always the question. Previous management have weathered some pretty bad storms. We are still afloat!
New captain, new crew and we still have a cargo hold full of oil to be delivered to a willing Asian market.
There are still a lot of obstacles to overcome but I think by this time next year we will be sitting very pretty. A bit time constrained at the moment.
Cheers
just thinking, page-5
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Mkt cap ! $70.00M | |||
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