RE:RE:Get on with it !
Definitely frustrating. We are at the same share price that we were at last year with more cash in the bank and growing production. At some point the market has to take notice. I don't know how many of those share are still available through that private place at .20 cents. There were approx 31 million shares issued so I can only assume the selling is coming due to that issue.
The corporate presentation is dated October 16th however there is really no new information. The drilling schedule includes Cryto and Malavar to be drilled in 2014 Q1 however no definite dates or approvals and they have not given any guidance beyond that.
No news on the Cuiria long term test facility which according to the presentation was to be completed so that production can be started up in january 2014.
I would like to see more drills turning to prove up some of these properties. Parex offered some guidance. Petroamerica should take notes. They did mention they would try an secure a rig for la guiria and drill a second hole updip. It will be interesting to see how long that takes.
I hope next week they will give the current cash on hand, have LC1 adding to production and have LC2 flow rates. They should also have an update on Rumi and provide a update on the long term test faciltiy for Cuiria. Some guidance would go a long way!!!