RE:A Different company - A Very Different Company
FabiusCunctator wrote: Sonoro Energy is now a very different company.
- New Management
- New Directors - indeed new directors with impressive track records and strong capabilities
- New near term production Property in a reliable and predictable jurisdiction
- New production in the WCSB with very low risk - given that the play is well mapped and producing across the permit boundary. Likely very short term return on investment
- Management with technical expertise in the WCSB and this play type
Some mystery however remains:
- Who took the recent PP - more Middle Eastern Oil and Gas folks?
- What is the intention of the New directors and shareholders - surely it is not to be a minnow on the TSX.V
- Are there more properties in the pipeline - would make sense - see above
A very different company to the Indonesia focused Sonoro. I have been buying more and will continue to do so below 20 cents on any retracement.
Good summary, I think you could also add how will Hydrogen generation factor in to this play? There has to be a reason they specifically mentioned no well recovery costs and appointed Henry Legarre. I think this is going to fit into the future of this company, just a hunch.