There was a period of over a year right after URNG was formed where covid stopped everything and the price of oil dropped to negative dollars. Obviously, that caused a lengthy delay in getting operations up and running facing that uncertainty. Those headwinds are no longer an issue, and they are swiftly moving forward with building the company. The Paulson investment is a HUGE step in this regard and will secure them the cash to construct the oil storage terminals in LA and open up the oil and gas production wells in Oklahoma at Cherokee Basin. Not to mention the 2 pending acquisitions for 100ks more acres of leases and 1000+ miles of pipeline. Things are starting to look up for UNRG and shareholders, if you can get the proper perspective.
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