Replies to post #9360 on Value Microcaps Junior Energy

[Bobwins]

Thanks, I had forgotten about that ugly detail. Given the low trading volume of SROE.pk, the lenders must have held most of those shares. Regardless, the extended maturity is the big key.

Saratoga can now proceed with a normalized capex program that should bring attention to the production gains of Saratoga as well as highlight the tremendous portfolio of drilling opportunities they have without the worry that a financing crisis is just around the corner.

Now we are down to company execution. Can they deliver on the low hanging fruit that they have been talking about? Is their drilling portfolio really so big that they can cherry pick the oil opportunities and rapidly increase oil production at a low price and in a short time?

Based on the latest presentation, we shouldn't have long to wait.

Cantina and Rio Grande will be drilled by the end of Q3 and those two wells could add 1,000bpd to production.

Bobwins