RE:CGX / FRONTERA UPDATEThanks Oil Run you are surely a breath of Fresh Air. May I request that you never stop giving your reasoned view on this board? I know when you write its not wild musings and any serious "investor" here would know that you are not joking around. I think the market reacted to the "abandoned" NR more than anything. We the longs have to feel some sort of hope and no one knows the inner workings of the market or management to know whats the real story here. However as many have said, why would they, after having spent 141 million, just abandon the well in just two short sentences and yet speak of ging after Wei1 so confidently?
sad day for us indee and very dissapointing as to me the NR was poorly written and needs to be corrected/clarified given the market reaction. I am still all in as well.
My only question for you which is the biggest risk for me is the potential of dilution. Do you have any thoughts on that?
Glta