RE: RE: RE: RE: RE: NEW TARGET PRICE 80 CENTS SHORI wouldn't say " if " there is a financing drdjm... they are in at least a $7 million working capital deficit. They are definitely not going to being selling oil this year. It's not discovered and if it is, how do you distribute it ? Don't forget, there is a whopping 40% royalty, a 40% working interest but are required to carry the working interest of the KRG.
Do you think that field development only includes drilling an exploration well, then produce it ? The current interest
in the stock has nothing to do with value, everything to do with the money game. They can do anything they want.
I think they are looking to merge and ignoring the risk of discovery for both LFD and VST, VST would be the loser.
In any case, this is far too early for such a percentage move. Congrats to those who take advantage, but this is
truly expensive. If you disagree, then buy more on the way down.