The flood waters have financially effected the Company by ceasing the drilling operations and because of this, the potential 17.44 million barrels of oil have not had a chance to be produced.
The flow on effect has also been felt by shareholders and option holders that have been watching the share price drop to $0.001 cents.
In the event that a Waiver is granted, once all the options have been exercised the Company will make approximately 45 million dollars and these funds could/should be used for future drilling projects.
Ciao
Nadia
The flood waters have financially effected the Company by...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
