''Why the avoidance in planning to drill these wells in a timely fashion.''
Broke?
If the farm out had come in sooner then perhaps this would not be an issue.
HRZ looks like progressing on a farm out and that after the WINX news and anything that may happen with Yukon Gold.
Interim funding to come from
1/ November options, can the BOD really afford not to convert whilst trying to promote a farm out?
1m$US
2/ Rebate on Spud of Winx.
1m$US
3/ SOA rebate net prior to end of financial year, for get the bonds, they must be earning a lot with POO recovery.
$2mUS
maybe
Still insufficient funds unless the Tier 1, if any can complete all due diligence quickly. I suspect the time taken to complete this process has resulted in the CR. Also explains why there is little chance of a conventional drill on ice wine western section in Q1 2019. Nothing to do with not being able to mobilise, a tier 1 could do that in no time as the permits are in place.
AVB
88E Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
Also explains why there is little chance of a conventional drill on ice wine western section in Q1 2019. Nothing to do with not being able to mobilise, a tier 1 could do that in no time as the permits are in place.
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