RE:NIS ProcurementNo question , you are right. it definitely is a go. If we recall they have until Nov. 2018 to get the agreed work done in EX - 7&8 and until Nov/Dec of 2019 to get the EX - 2&3 done accoding to contract. Their difficult efforts with Romanian permits has really slowed the process. I would say NIS is anxious to fulfill they side of the agreement, hopefully with a wide range of success with every "drill bit" that hits the ground in all four concessions.
I was reading over the Sedar filings under MD&A for 2017.
Link: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00008071
Seems the shareholder frustration with management has their attention. Under the "Related Party Disclosures" the budget of salaries was cut by 2/3rds from $356,800.00 in 2016 down to $135,100.00! Everyone should go to EW sedar filings & click on the latest MD&A report (see link above).
Also Under: "General and administrative expenses incurred during the 2017 period and 2016 period are as follows:" I noticed that $15,000.00 in a charitable gift was given in 2017. OH we shareholders are very generous, aren't we? I wonder who the charity was??? It also reports we have, Working Capital of $4.067 million & Assets totaling $9.84 million. That does not include the AAL shares/warrants & Seaway shares. See: "Investments" section of the same report.