This is unfortunate. Part and parcel of a frontier resource though.
Management, whom I have been very impressed with thus far, will have to prove themselves in the coming months, getting Jaws back online and dealing with the R&D refund issue. Really is bad timing from a cash management perspective with Erregula coming up and a workover of Jaws costing a couple of million you'd think. Long-term though the resource in the Cooper looks just as enticing as it always has.
You need nerves of steel with this stock.
Ann: Jaws Pilot Update, page-4
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