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marylandstockguy

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marylandstockguy

Re: Sonomavalley post# 24088

Monday, 03/07/2022 8:00:46 AM

Monday, March 07, 2022 8:00:46 AM

Post# of 24221
Good morning - let's see how the next three 10-Qs pan out. If by December this is languishing at a penny, you may well be right.

A lot could change over the next 6 months or so though. They might finally start getting their royalties rolling along with rising prices that could have impacts on this 10-Q, and, more likely, the one after that. Let's just wait and see. If the royalty revs are nothing to write home about, it could well mean that the wells are a dud.

I don't get that sense, but I don't have ESP.
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