RE:Why does Price keeps dropping? The problem is that they’ve invested almost all their money (roughly 10 million) on four wells which all have had problems and consequently no production. This after a lot of hype with no delivery and not just this past year either. Looks like they’ve given up on the two wells plugged with sand at Queenstown and are just trying to get something going at Bigoray with what money they have left and funds from current production, which isn’t much, under 200 boe. Still a chance here but time and money are running. Hard to see how to move forward and I suspect they’ll have to sell. So, the question is, what is the company worth?