Sep. 10 at 5:35 PM
$EONR They are. My position is being largely borrowed. Let's resume.
1. The company's one-year low is
$0.27 and the share price has been keeping levels close to this one, mainly in the
$0.33 -
$0.34 range. Understandable in view of the enormous debt burden which hinders operations and clouds the company's prospects.
2. Then the debt burden problem is entirely solved, which means that production can be profitably expanded, moreover EONR will get net cash flow from their San Sndres asset.
3. Shorts are still shorting, maybe hoping that after having obtained
$45.5 million funding the company could continue trading where it traded without the funding, at around
$0.30? Or less? I am constantly amazed by people's addiction to losing-money foll.
