GREY:RNSFF - Post by User
Comment by
doggiestyleon May 27, 2021 2:47pm
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Post# 33279538
RE:Completion of bought deal
RE:Completion of bought deal The target is first week of July for the deal completion and late June for drilling TD. I have never seen it communicated that they are planning results after well 2 and have stated that al along that this is a 3 well program and to expect results after that. Of course they said that about Well 1 and had to release results on that early - so it could happen again.
I would say that they would prefer the deal closed before the results released but its not essential. i don't know that it mkaes much difference anyways, as the fortunes of the two companies are now both linked to the success of Reco (whether they are together or separate).