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Re: tisdal post# 29075

Friday, 09/28/2018 1:23:43 PM

Friday, September 28, 2018 1:23:43 PM

Post# of 55035
tidal, very good questions to post on the FAQ site!

I would think that $5M would allow them to finish testing unless there are considerable delays.

They said ballpark the burn rate is $2.5M per month when drilling/testing, but I would think testing the shallower zones will not burn cash at that rate. So, they should have enough funds to through about Y/E which should be time to test. I'm looking for a positive announcement about the new year.
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