Post by
copperplay on Jul 07, 2021 7:05am
RISC Reserves SNV $$$
someone correct me if I am wrong but is it not as simple as entering data and using previous reports to come up with Sonoro Energy reserves? All can be done electronically lockdown or not
12 months since RISC was first hired and still nothing announced. Is it possible they do not want to announce these just yet for whatever reason? Doesn't make any sense to me
Comment by
copperplay on Jul 07, 2021 10:06am
these guys are a complete joke. Excuse after excuse for 2 years now and even 3 CEO's get nothing done. Keep printing cheap paper at 5 cents to suit their needs Kirk 4 months and lost value in market cap
Comment by
RoyMax123 on Jul 07, 2021 10:41am
Unfortunately having a sh1tty partner and adding the rise of covid in Indonesia I'm pretty sure nothing will happen before several months (if it ever happen). So be ready for ohers rounds of cheap financing.
Comment by
AUborealis on Jul 07, 2021 10:49am
https://www.worldometers.info/coronavirus/country/indonesia/ Quite the 'wave' they're riding this time around. ...sigh!
Comment by
Goldy63 on Jul 07, 2021 10:55am
Jesus its A DAMN OIL Field . Measures and precautions can be taken . Does Ramadan STOP because of Covid ?. Lets get this play going already and Manegment more cheap paper coming GRRRR better not . Your shareholders deserve better . Enough . Bring it on already . Mining, Oil , and others going about there damn buisness so ????.
Comment by
copperplay on Jul 07, 2021 10:53am
Roy our partner have nothing to do with completing a reserve report for shareholders 2 years waiting and 12 months since paying RISC Advisers what we are being told does not add up full stop Its their intention to keep stock down looks like
Comment by
RoyMax123 on Jul 07, 2021 10:59am
I may be wrong but at some point I heard that the report is to be release after the JOA is signed. I don't recall where I saw that so if anyone can confirm or not ?
Comment by
SlyFox1 on Jul 07, 2021 11:01am
If i recall correctly it wuld be JOA before production, not necessarily reserves. If you recall there is a JBA agreement that was in place when they bid on the block.
Comment by
copperplay on Jul 07, 2021 11:09am
Dean confirmed a JOA is not needed to announce how much oil we own in the ground Why they keep holding it back and need cash is bizarre to shareholders