So, this time last month:
- The share price was at/around all-time lows;
- Cash was getting down close to nothing;
- Company was in a dispute with Cadlao JV partner (Blade);
- Company was in line to pay $3M towards a drill in NZ for a 10% stake in the project (waste of money/dilution for a company this size);
- No direction and company was going nowhere.
Today:
- Share price moving up and starting to reflect where the company is going;
- Ditched expensive NZ drill project;
- Cashed up/access to capital;
- Cadlao JV seems to be back on track: "Blade pursuing alternative funding with the support of Raisama";
- Albers & Co on the Board and steering the ship;
- Almost weekly significant announcements:
-- New seismic acquisition;
-- New project acquisition coming;
-- Ditched expensive project.
Hopefully next month the share price will be back to where it was this time last year, 10c+, and the way things are going since Albers & Co jumped onboard, I would not be surprised if it does get there in a haste.
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