RE: Investor25 Apr 2025 10:37
They saw the data from the drill with the short lateral and realised an extended lateral, if all went according to plan, would be worth a fortune, well over the $7m they invested. They have obviously been watching proceeding for some time, knew Colin and company and thought, 'this is the time to make some cash'.
We know the original drill was an excellent result and we now know the lateral has gone well. There could be an earthquake, a tornado that demolishes everything on site, a meteor from space... so still a risk.