Investors may be more interested in the Grieve project when Denbury starts drilling wells and laying pipelines. It is also important that we get the Ryder report with recoverable reserves becouse I believe the 12mil figure quoted scared investors off, even though the figure had nothing to do with Grieve but was based on a few texas oilfields that have had more water flushed through them than the Texas sewage system!!!
I suspect that the cash situation is also of concern, I would hope that management would be willing to secure a small loan over Grieve in the short term until the shares are re-rated which may well happen as soon as the Niobrara well starts drilling...
Now that Grieve is signed of on I would hope to see the stock promoted to the investment community...
Looking forward to a change of shareprice direction!!
Cheers
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Investors may be more interested in the Grieve project when...
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