RE: New lows...
We will be driiling in Sept ...that was always the case.
3 planned wells costing approx 1.5 mill each. Our net acsh is 10 mill .
Each well will target 1 billion in reserves in the prolific jeribe formation & most importantly only take 10 days to drill so immediate news will be available.
The whole market has fallen not just sonoro so chill out .
I see it as a great way to buy more at unexpected levels....stocks generally rise in expectation of an oil find so sonoro should hopefully follow the same pattern.