Any hope is in a buyout to salvage the work down From the latest pr release we are back to square one. Ok we have gathered good info but are nowhere near, per Recaf's own statement of "economically viable oil".
These exploration programs are burning cash. Where will we get more? It is apparent to me at this plodding rate we are going to need a billion. This is a job for a big major with a lot of resources.
i have believed and supporter Recaf for a long time but the hand writing on the wall has never Been bigger or clearer!
ps
and it is not just me. The stock just went sub par!