Post by
Humanist on Aug 04, 2021 10:25am
HEY FRANKMAN
ANY THOUGHTS on what to expect in the fall.... /end of year ? thx
Comment by
frankman on Aug 04, 2021 11:27am
It looks like Trillion is going to acquire the necessary funds via warrant exercise/current oil revenue/treasury funds to start the Saturn drill program with or without the financing. They have already committed the Saturn rig. Once they begin Saturn operation this should increase market interest. I would like him to start the program before financing
Comment by
Humanist on Aug 04, 2021 5:52pm
thx for the update....lets hope
Comment by
Lester on Aug 09, 2021 1:01pm
Dr. Halleran stated that he needed US 9,000,000 to complete Phase 1 of drilling ( 2 discovered proven wells)...but warrants/cash in treasury/oil income will only provide about half that amount. Would appreciate your thoughts !!
Comment by
frankman on Aug 12, 2021 11:41am
Lester I agree but I did say, "start the Saturn drill program ". Art seems confident in doing that. When the action begins it should elevate the s/p a bit before the financing
Comment by
Ebenizer3 on Aug 12, 2021 11:56am
CEO exercised 2plus mil warrants, along with Thompson exercised 500,000 last couple days.