RE:RE:Great day
"This close to production and it tanks?"
They are preproduction and have no revenue and just published their 2nd Q financials.
They need revenue very quickly. They have no money to move ahead on any of the potential projects (test ogema and val marie, drill one new well on acres in vicinity of Steveville, drill a horizontal at NNazare (deep Climax). And then think about production facilities for shallow climax, val marie, or a bigger facility for Nazare if that tests out. They have a lot on their plate but no money at present. And every day without any production has expenses but no revenue.
Getting the Steveville plant successfully operational is not optional. It has to work and soon.