The elephant in the room is funding for all these new wells but if the 2nd and 3rd bench test wells produce that will increase the available debt and also hopefully lead to higher re-rate of the share price eventually.
This has got to be one the lowest market cap penny dreadfulls that has so much going on. Some other boards, you hear nothing for months and wonder if anyone is home.
Good to see Continental haven't land banked Rainbow, with the Frac to start in a couple of weeks !
SSN Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held