From reading the announcements and HC discussions, it seems the...

From reading the announcements and HC discussions, it seems the MD Ashley is diligent and the team generated a good news flow since IPO with a lot going on, even though his track record at MRD, CLA, RFR doesn't seem quite impressive in looking at the SP history? With so much going on and the cash burn rate, it seems the team has a go big or go home style, hoping to have some good "quick wins" though unfortunately no good hit yet... personally I would rather the team use a bit more cash and later CR and work hard to produce good results, instead of being a lifestyle MD like many other explorers with little going on. It seems SP might have hit the bottom from the TA perspective and now only $7M MC, might be a good time to initiate a small position