RE:RE:CEI Announces Q1 2024 Financial and Operating ResultsI think CEI has enough licensing and is concentrating on getting waht they've drilled on-stream.
I think they know they will be taken out by VET before they go on-stream and their share price spikes.
VET, I believe, is buying back while their share price is discounted and once they are priced at full value and perhaps higher they will leverage that share price to help take out CEI before their share price rises from on-stream revenues.
All guessing of course but I don't think CEI makes it this far next year all on their own. Why spend license capital?
GLTY and all.
Pandora wrote:
It's a little bit out of my wheelhouse but T.VET has a post re new licenses handed out in the Montney (and other fields) but Coelacanth is not part of it??