RE:Questioncopperplay wrote: Samknowsnothing posted on November 2, 2020 that the Reserve reports are getting done so discussions can start with potential buyers/partners and management not getting paid yada yada. They are getting paid at other jobs as posted by MJB
My question is this. Regardless of these new reports public documents and Sonoro website show there was 37 million barrels at this PSC so with a conservative valuation of $10 this is $370 Million US or $500 million Canadian.
SNV is at 5 cents right now. Why are there no offers at 10 cents to take us out with consolidation going on all over the place in the Oil industry?
If we met year 1 comittments technically our partner have done nothing wrong and they have until October 2021 to make year 2 comittments
RISC reports when?
I am still here holding but would rather ask these very difficult questions now rather than wait until things get worse. With warrants and debentures we already get diluted to 160 million shares out
SKK Migas has set very aggressive targets for 2021, has offered some big time stimulus to owners of PSC in Indonesia, Brent Crude at pre Covid price, lots of optomism in the Energy Sector...yet still crickets here. Unbelievable