RE: RE: All26 Sep 2019 12:14
I'm not being funny, but most people bought initially because they thought they were backed by 16az as a guarantee to be a flowing Well in the mark 1000boed.
Now that has gone up the creek, the upcoming Wells are a gamble regardless. If they were so confident about 16az and even that has failed, would you trust them for W38 and the other Wells
There is no major catalysts until the company redeem themselve and show us a fully cleaned up and recoverable 16az, or put W38 online for production with a pleasing figure possibly 300boed.
Me personally, don't think that will happen this year. They have already slipped in schedule