Based on the company literature, a $46m investment will get...

Based on the company literature, a $46m investment will get approx 5 new working wells throughout the earn-out period.
I'm wondering how this will transition the company into a sale of its acreage (or drilling of the 160 wells in the company lease acreage).

Considering that there are already 30+ working wells in the TMS core, has this not proven the play already?
Also, with WTI prices languishing under $60, the economics are not as strong for a large-scale investor to go into heavy infrastructure construction.

In addition, the Crayy Program period could extend up to 5 years from today, meaning there is still a long time horizon on the play..

Still, very positive news considering we have been waiting for a long time for something to develop and derisks the company significantly.

Interested in hearing more voices on steps to how this will develop the stock to the 20c+ estimates...