Incredibly disappointing week thus farAll the momentum in the world last week... deflated almost instantly. To top that off, still no news from the JV regarding anything (probably helps explain the drop in 20% so far today). I am convinced both CGX and Frontera management are scared of success and have no idea what to do with the opportunity they have. Instead, they will stumble to the finish line... like wow, Kawa-1 has to be one of the most anticapted offshore exploration wells for 2021. Yet, with this JV management team, one would have absolutely no idea. At this point, I be suprised if they could even sell cold beer at a Vegas pool party. Truly something else, and certainly a case study for a university-level marketing class in how not to run a business.
Let's see what they say at the AGM... if nothing other than self-congragulating themselves and rewarding more shares, I would not be suprised if the share price plummeted back down to $1 short term.