We only have half a hole to drill. Last CR was $4m and was told half of it is for continue drilling well2 which could start in 3days. So our $1m plus equity from driller and Schubach’s contribution $500k should make up the $2m to finish well2. That’s why I don’t understand why they won’t continue the drill in well2, unless there is something we don’t know about. Please think about it and work out the maths.
PRL Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held