Chill.7 Apr 2020 20:51
Hi guys hope you're all well. I was disappointed with the news that we got today as I'm down quite a bit. However I don't feel that it's all doom and gloom. Well 51 was a disappointment but you have to move on, all I can gather is that we I have 3.5 million dollars ,our cash burn has been reduced, and wages have been reduced. We also have $470,000 worth of oil storage which will be worth more when the price of oil goes up. I'm not really experienced in the drilling side of things but won't $3.5 million get you at least a couple of Wells going. They will have to be wise with the money that they have now. I feel like I'm waffling now but it makes sense.lol.