Post by
astrorbit on Nov 21, 2022 1:34am
Hinging on 2022 results.
If the results are not stellar this company will be in danger of r.s.
Which should of happened when ceo took it over.
$30m needed with 272m fully diluted.
If endr can somehow finance 30m in1 year (not likely) it would shift endr into high gear.
This pretty much leaves enduro in a dilution scenario for3-5years.
A fail of 2022 results and enduro would be a zombie for a year until 2023 results which would be out this time next year.
Ceo stated that visually the core looked good(600m and then stopped)Which doesnt scream stellar.
Other companies in the gt drilled at least 1 week longer.Perhaps weather is different at burgundy.
Money issues? Should have 3-5m left by rough estimate.
Imagine at 600m and the visuals are showing signs of continuing.Abruptly stopping drilling to wait until june july 2023 to continue.
This company has many flags waving.2021 missing.
2022 results out by year end or next year.After tax season may be a wiser choice to average down.
Submarine incoming.