That farm out/sale is great news. Maybe this news will get rid of the imminent dilution fear that is overwhelming so many investors right now. I just hope DEJ is getting a good price for it and not having to give it away...
Also, I notice management sees positive operational cash flow for Q4. Excellent news considering how deep in the hole we are in Q3. We all know Woodrush is there to provide a cash flow base for the company, but ever since I have been invested in the company (since early 2011) Woodrush has sent cash out the door and not in. If they can finally get that turned around it is a great sign.
Add in the imminent tie-ins at Koko and SR and boy are we onto something! Good luck to my fellow DEJ investors who have had the patience (and trust) to keep riding this thing. May 2013 be a great year for all of us!
Why would there be no news release about Roan creek. WHy would it only be in a presentation. Seems like a breakdown in communication to the markets. I must be missing something. Can someone please help me understand the logic