OTCPK:WSRLF - Post by User
Comment by
canadafoxon Mar 13, 2014 10:34am
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Post# 22317855
RE:WesternZagros Converting Successful Kurdistan Region Discove
RE:WesternZagros Converting Successful Kurdistan Region Discovew; Major change of plan by the look of things. Kurdamir and Sarqala discoveries are to be retained and everything else jettisoned. Looks like that time and possibly cost of funds have squeezed the company ( IMO ). I am presuming that to chase further exploration has been considered a potential dilution of shareholder value. The upside of further discovery entails major funding risk that is not worth it per current share.
Needs the conference call to elaborate.... Anyone going to listen in?