This Great Team has Drilled 1 Well in Last 12 Months!!At the current rate that these guys are working, anyone reading these posts will be dead before this project is completed. They have money in the bank to move forward, but it seems that they don't get much done. It also seems that their new strategy is not to provide any guidance or keep stockholders informed about anything. That way they protect themselves from the criticism that comes with underperforming. At some point they will announce the results of well #4. That will cause a pop in the stock price, but what is coming up after that? Where are we on the production plant that RR said would be online by fall 2021? He also promised sales by Q4. Anyone think that is going to happen?
Setting goals and meeting them is what drives a stock price higher. No guidance and continual underperforming will a take a toll on the stock price. Once this project was de-risked, this should have become a no-brainer. It doesn't look like that is happening.