The next play would be a stock and warrants offering. Sukkot ends Friday, Oct 6th. Next Jewish Holidays are the eight days of Hanukah Dec 7th through 15th. Throw in Thanksgiving, Christmas week, and New Years, and I don't think they would hire drillers right now and pay them all the upcoming holidays. So the drilling team will probably show up first or second week of January.
Between lease approval and the holidays, they've burnt up maybe a year at $600,000 a month waiting. Hopefully, they will hit the switch and the drilling rig will kick right over, and they won't have to wait the 6 to 8 weeks lead time for specialty parts from China (as they have in the past with this rig). But you guys are patient, survived this long, might as well stick with it.
But you already knew all this. Nothing new at all. Been this way for years. And it will be this way again, in 2024.
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