Post by
Margin321 on Jul 09, 2024 9:40am
Very nice
Very nice. They have been making good progress in early July. I love to see some progress on science and operations, a lot better than last press release reporting announcing use of grants of undervalued shares to pay fees (last PR). It is fine to use modest share sales for operations if shares are fairly valued. But not in current climate where small company shares are being shorted and driven down. It just feeds into that.
Meanwhile, Sprole report, more geoscience to be interpreted, more seismic, deepening first well, drilling two step out wells. All will happen this summer. Scope of the operation will be totally different. Veryt exciting year that will lead to feasibility studies, off take agreement/s, financing of production facilities. THat all could be 2025 work.