Please pardon my ignorance but I have a question!!!
Surely getting the oppies above the exercise price is the simplest way of getting hands on extra cash relatively quickly.
From what I've read on HC, the wells are relatively cheap to drill ($1m ish)
Whilst they are waiting for infrastructure to be put in place, why wouldn't they be drilling another hole to test another expected pay zone? They appear to be confident that other zones will pay off. The resulting favourable announcement (hopefully) leads to increased SP and on their way to getting there hands on the oppies cash.
Sorry if my understanding is waaaaay to simplistic.
Cheers
Please pardon my ignorance but I have a question!!!Surely...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)