RE:RE:The ball is in SNV's courtcopperplay wrote:
FredZarfloon wrote: I imagine Sumatra Global was not tickled that Sonoro defaulted on loans for $2million. Not a great way to start a parntership. Sonora now has to "commission and produce a detailed reserves report compliant with 51-101" before any further action by Sumatra.
With SNV current assets $120,000 and current liabilities $4.2 million it'll be interesting to see where the funding comes from.
Not a good way to start a partnership? How about spending $5 million signature bonus to win the PSC only to sit on it for 2.5 years and watch millions of dollars slip through your fingers each and every month? If anyone is at fault here it is SGE
but now all has changed and this billion dollar partner is finally ready to start this billion dollar project while SNV is worth $7 million
Agreed . Those greedy indo yahoos tried to steal SNV,S consession after playing games and doing Ramadans . They were told to get there butts to the table and thats where we stand . Lets get things going and OIL Nat/Gas pumping so $$$$$$$$$$ flowing . Then we are all laughing to the bank . Period