Given the above market cap and their cash position it's a pretty safe buy. But I'm wondering why not press on with Nap at full speed, are they negotiating? are the terms not acceptable to either party. I said many months ago that I could foresee little share price appreciation until a game changer came along.
Poland was a bust, Pleasant Home, a trickler, they have good acreage in Nap, why not get financed up and go for it.
Honestly can't understand it.
Sep QTR Financials, page-6
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