RE:key ratios of capital efficiency and recycle "Congratulations to Wolf and team , a little bit of avise do not do a financing to allow shorts to cover , more shares short then the float, get some analyst coverage and get the ratios known by general community this company will rock and roll."
I agree keep the shares at 35 million. There is absolutely no need to do a financing in the current enviroment especially after 7 million profit this quarter. I don't think Wolf would do financing at this stage of the company with 3 wells to be drilled. Personally, believe it would of been done immediatly after the 10 for 1 consolidation if was going to happen. I agree the shorts are going to be wiped out once this company gets oil revenue flowing in after the 3 wells drilled. My guess, within the next two quarters.