They received a bunch of money through a private placement which I did not participate in but others that you know such as Aloha did (he also participated in ROOTS).
It is a speculative play. Do they find oil or don't they?
If they do, it should pop. I plan on holding for quite a while if they do. I'm looking for a big multiple from these levels. Bought most of mine in the .70s - I believe the Private Placement was around .50 - .60.
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