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Fully agree.They won't dump the project after one well even if...

  1. derbon99
    104 Posts.
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    05/10/10
    18:52
    Post #: 7284416
    Fully agree.
    They won't dump the project after one well even if this well brings no success. The area is too promising to abandon so quickly.

    Main problem would be the financing (more dilution is not what i want) of the 2nd and 3rd well for SUN if the IPO don't happend.

    I really don't understand why CVN didn't make a push to get more interest in this concession.

    cheers
    SUR Price at posting: 7.2¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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