I agree with you waste of time if you do not know what you are investing in you should not be investing as you will not get any more information that is available now.
By the end of the year they will have very little money left and will need to raise a $15 m for the next drill.
It will have to be a capital raising as they own nothing of value to get a loan that is why the Bank of America got out in my opinion. SP by this time nest year 1,5 cents or less.
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