RE:RE:Hi Mr. CFO of EFL! Heeheehee It depends on your risk profile crazy. Based on the todays MCAP there is a big upside, but it is also some big risk elements (mainly on the funding side).
- There is some interest in the market for Beaver River and a partner discussion is ongoing.
- Hamzah has according to a former Sonoran Energy employee I have talked to, a potential for a production on about 3000 brrl/d from the existing wells. TSU has some equipment for increasing the production ready in Jordan.
- The Karl/Kras case is not dead.
- It could happened that Aleator are able to raise all necessary funds to Spud POV in near future (next update is expected Thursday or Friday)
- I think there is still some ongoing activity regarding a new oil field
- TSU has no cash today
- TSU has a CAD 20 million financial agreement with Yorkville
So there is an upside and a potential, but it could be a rough ride and we should expect some dilution and in a worst case bankruptcy.
I feel I know TSU and I take the chance to stay.