RE:RE:NR Highlights This is another classic example of somewhat meaningless news releases for itchy finger shareholders who demand updates no matter the circumstance.
Here are just a few questions that this NR raises:
- If they don't mention the previously stated 70/30% working relationship, Doe sthis mean that it's going to be less for us?
- Now, they mention for the first time the 72% of the lands for drilling. What happened to the other 28%? Who took theses lands? Did they sell these to another party? Why aren't these available to us?
Is the remaining 72% of the lands expected to be as productive as previously stated?
- How has our financial commitment impacted by this amendment?
I would've preferred to wait for a more detailed, considered news release.