RE: RE: RE: Spoke With Management - 60/50? Yes, he said it was dependent on the outcome of Loto-1x. If successful, they would focus on the LT test and more 3D seismic, after which they would do appraisal wells. Not sure why they cannot do more than one initative at a time. I think he wants to save every penny and put it towards creating cash flow, then using that to fund further exploration.
He said after testing there would be a presentation update with discussion on future direction/plans