RE:Presentation was well done Adding to Margin's comments.
1. $10M ish to develop Cascadura. I do wonder how much of that has already been spent prior to YE, suspect a couple million at least as a good chunk of the equipment doesn't start building until proposals and invoices are signed and paid.
2. Paul's laser focus on Coho/Cascadura production before commenting on their drill plan is the right one. Let's get to that wall of cash. Once we get cash flowing in a bigger way all the potential development and exploration available to us can become the focus again. Seems like Coho's basically done (photo evidence) and Cascadura's facility is well on track and running parallel to the EIA approval. Not many days to regulatory deadline for EIA (And this project is politically important re MOE meeting).
3. Appreciate XM and TXP reminding us of all their development and exploration potential. There's so much more opportunity here it's ridiculous. For example, I had no idea that Guabine has had 2 prior well penetrations and logs. Also appreciated the nod to Chinook. I think as cashflow starts coming in for TXP it isn't out of the realm of possible for TXP to have a discovery like Cascadura/Royston every year for a couple years.
If you believe in Coho/Cascadura, I am not sure there's a better development/exploration portfolio for $ anywhere else in the public markets. (I am biased tho as I am long as all get out, so take my view with a grain of salt ).