Reserves...Key Item..Look at Producing Revenues '23 with '22Look at the major decline with the Producing Gas Revenues for Year 2023 at $11.5mm compared to 2022 at $42.3mm, thats a major decline of 72.8%....This should say it all and is very telling of how this perceived valuation is distorted with the reserve numbers,
which if not able to be brought to production as we see currently with all these gas wells non-producing to this date,...THEN, these year-end gas reserve valuation become WORTHLESS ...and the markets are showing you that with the share price we have presently. This does not look pretty to shareholders and /or future investors.
So CEO can boost about the reserves in the ground, but the big issues should be "Can they be Produced economically and be sustainable for the life of those reserves...Thats the Big Question!!!
