RE: Various26 Aug 2019 16:13
angelaj6611-
Thank you for your reply !
I would like to deal with your points one at the time !
Court case SMP withheld payment $650,000, our case has merit ,as advised by international counsel in London, Paris and the Congo we are trying to recover costs of $3.1 million well worth the effort , it is likely this will be sorted out at mediation !
There are two suitable rigs, both in the Congo with drilling slots available this year ,the company is evaluating comparable offers from these company’s before deciding which one ,and will inform the market when its ready!
They have said oil flowed from the Djeno , they would not have got £5 million financing ,if these company’s were not convinced it did !
There will be no placing !
This is a wildcat shoestring operation ,on success the rewards will be massive ,not for the faint hearted !
What ever it takes this well will be drilled !
While I appreciate this investment is probably not for you ,I do find it interesting that we have read the same reports ,and have come up with to different conclusions ! All the best with your investments!