RE:Drilling...? Default...?As I said long ago when Guy was chirping the company is broke and cant afford to drill. The rumor is that Farshad is close to signing a JV. We have heard this song and dance befor and nothing came of it. However, for teh SP to have held this high tells me that theremay be some truth in it.
lifegoeson wrote: Time is beginning to run now, September 2 and no drilling. Guy, where are we when we need you, you were so certain that we would be drilling in the middle of August (what is your brother-in-law saying, what about others in your group that might be in contact with Farshad). There certainly appears to be something wrong, I wonder what the default is and how it impacts the company. If we don't finance and start driling soon, then this year will be lost. I don't believe they will be in a position for winter drilling, so then the big question is whether they will still be afloat through the winter. Last thing shareholders need is a consolidation. Shareholders are getting upset, me included, and there just doesn't seem to be a clear path forward as we still don't know anything about the alleged default nor what DBV's management is doing about it. Starting to see quite clearly why the CFO resigned.