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Re: GulfCoastOil post# 3814

Thursday, 07/16/2020 12:15:10 PM

Thursday, July 16, 2020 12:15:10 PM

Post# of 7924
In short, no
They simply can’t afford to wait that long, IMO

At the current $10M valuation and the R/S with further dilution baked in, it appears to me that the market view is still seeing a fairly high risk of failure

I think, contrary to the “Tau2 is everything” viewpoint, that there will be tangible developments before October, very likely by end of August.

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