Warning, page-23

I believe the stated strategy to return max value to shareholders in reasonable time is to drill up to around ten wells, prove the sweet spot and it's extent and then sell the land per acre to a large investor/s.

Time frame, 2-3 years tops, with increasing value incrementally along the way if all goes to plan.

The large investment will be by others, 88E know they are not a production company.

I suspect a good professor of geology knows a lot about rocks, a good MD knows a lot about managing shareholder value.