RE: What was sold and what might be in worksI hope that some of the proceeds are used for that property, but if 3-5M of debt financing can be secured, it would provide a real opportunity to get quality assets that would bring IFR to a positive net income. Although developing them internally is much cheaper, I hope we get something to bring us to breakeven, and then use the rest of the cash for aggressive exploration.
Does anyone know if the company has to disclose if they have been drilling? If the answer is no, they may have been exploring this area the whole time with no one knowing. What is the protocol with this?
Just seems like it has been a long time since anything has happened, other than asset sales. Answers would be appreciated!