RE:RE:Petro victory Brazil!!!! Low share FL 6.8Mits recently just changed and is impressive
So recently the borrowed 2 million and then another 1.4 M. So a total of 3.4M.
But here is the kicker recently they partered with a billion dollar company in Brazil Imetame and they had excellent assets actually drilling a big well all paid for by imetame. They never released the numbers of the well but must of been amazing as they are now selling there non-operated assests with Imetame for 3.4 million see previous release.
so essentially they now have 3.4 million to pay down existing deb and drill work overs for the future.
i am very impressed lately and this is only just the beggining of a bright future.
Oh and management own over 50 perecent of the small float of around 7 million shares