RE:FinancingStrategic iniatiates have not been mentioned in the past two updates.
What has been stated is growth initiatives.
From this, I gather that any putative sale of its Argentinian assets is in the short term off the table.
In addition, the new incentivies recently put in place by the Argentinan Govt to expand natural gas production, make the development of FV field much more attractive ( $7.50 gas which would mean about $50 US per boe including liquids ).
$15 million should be sufficient to complete the FV #1 well and that would more than double annual sales to over $35 million US.
Such an announcement would re-invigorate investor interest and add considerable liquidity to the share price and its elevation to above 10 cents a share.
Q1 will be out soon, so perhaps we will get such an update then,,