there is different between the truth and deliberate misinfo and...

there is different between the truth and deliberate misinfo and baseless wild guess. In which announcement the company stated that SS is looking for a buyer? by using market wild rumor to state that if the sell event didn't happen at certain made up deadline date, then there is something wrong with lease, is far from telling the truth. is the sell cost a repeatable item associated with on going operation of the well for the life of the well or is it the one off cost of establishing the well in bring into production?

The drawn down from the debt facility were 60M and the co managed to pay down to 45M is proving only one thing that is the revenue from existing operation can support paying down debt as the revenue stream increase with every new well added to production portfolio the debt reduction will accelerate. The ecconomic base case the company made on leases based on a conservative figure of both gas and oil price. The existing price is way above the base case.

as I mention before it is prudent for the company to use the debt facility wisely, that is to quickly replicate proved wells such as Cozart 9 as that guarantee the debt used can be pay back rather than to prove the unproven drill locations. It s a slow development path however debt has been used wisely and doesn't burn the balance sheet.

I beleive this is the first time in AZZ's history they reached any sort of meaningfull production. So I would guess they will hold and fully develope the lease this time.