This is only my opinion!
Q:
Are there environmental issues that would prevent completing drilling at Bellevue this year?
A:
No!
Q:
What is the drop dead date for obtaining funding and getting the rig back on site and working so that we can beat the lease expiration date?
A:
That's difficult to answer because it can be extended , re applied for, or a different type of lease.
Q:
Have we lost the rig?
A:
No!
Q:
If we get the funding, can we even get a rig to the site in time?
A:
Yes up and running in a week!
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel