RE: Merlin-1 confirm presence of oil IS as POSITIVE as it GETS !!13 Apr 2021 10:21
There are Oil shows, but until the Resource is deemed Commercial, the SP will meander back under the 1p mark. The is also the question of another CR to fund Interest & lease payments, expenses etc, & a question mark over Leadership going forward. Too many questions for me & not enough answers.
A lot of investors will NOT wait until the next drilling season, preferring to chase the next big thing! maybe they will be interested in Wall's next project, or maybe not!!!
Good luck.