cap raising, page-8

I have a feeling that some cap raise may be in the wings soon. If we have $6 million still in the bank then this leaves not much in the kitty if a completeley new hole and fracc job has to be initiated. I think this current one was around the 6 million mark. Who knows, maybe they can drill adjacent and re-enter the original fracced area and flow it from another location.

Whatever the case, Europe and the POO can only deteriorate further until the outcome of elections in Greece is known on June 17.Whether it be this playing out or a capital raising in the wings I'm betting on the SP under 10cin the short term