That they can derive a profit from western Canadian properties in order to keep the stock price up. Any real benefit from the Joint Oil block and their association with Viking is a few years in the future.
they sure do need to show some profits in western canada : they can't show profits in the old "flood" area they have to drill in the motney. it is quite interesting that we have received 3mm in cash and 46.5 mil removed from out debt yet the stock seems to b e stalled....
SOQ investors have some good things to look forward to in the 1st and 2nd qtrs:
1. Removal of the going concern;
2. Impact of no spending/expenses on N. Africa on 1st qtr financials;
3. Real discussion on the size and quality of N. Africa on future financials and balance sheet, i,e. no one thought it would ever be an asset;
4. Absolute focus on W. Canada with updates (no N. Africa distractions);
5. Operational results of W. Canada;
6. Discussion on how the recent acquistion of WC holdings by China enhances value of SOQ holdings.
I am sure there are others. The point, the N. Africa cloud is long gone.