RE:RE:RE:RE:.66 offeringNo way of proving it unless you know someone working on the drill crew. Based on the last 2 wells I would bet my last $ that the hole is completed already. It may be bad or good but I think regardless of the results, the big boys could care less at this point in time. We need to reach the production stage and demonstrate record flows which will likely be spring 2023 at the earliest. Then the economy better be strong again, the price and demand for helium better be exceptionally high and there better not be any new competition or setbacks.
They either turned down the 90 cent pp or the agents got cold feet and walked away. It appears that Beacon, Haywood and Cormark [previously involved I believe] are no longer interested. Their clients took a previous $1.40 raise I believe. So we sit, wait and pray they can prop the share price up all winter, which is unlikely. It dropped 40 cents the last 2-3 weeks with nothing happening, thus the uncertain pricing of this pp. $5 million didn't last long this summer. It's a real shame because they have some very good men behind this venture, just no takers.