Re: kook alert
Well, it looks to me like either the wells are bad, or they are out to do another Barry/Don special (which usually result in a significant decrease in the share price).
If these laterals pan out, why would we need a 6:1 reverse? It should be a considerable bump to the share price. They're going so damn slow so they can sit on the well results until after the AGM to make it easier to execute the split, and then they will release the results, driving this stock "to the moon".
Somebody should tell them that a higher number does not mean the company is worth more... doing their jobs is something that might make the company worth more. Oh wait... they have this job, and the moonlighting side job to do. Oh, and oil and gas leases to flip on the side... oh and they need to cancel some loans made from EOR shareholders... and leave pumps in our best well for 6 months... and kick interested partners out of the dataroom to instead sell our largest asset at a loss, with no retained interest to company that is now taking St.Johns to full development... and, oh who the fuck cares anymore.