I wish we could be sure about that - they're projecting to only have $5mil cash left at the end of Dec and they still have hedging until then on at least 40% of projected production.
It's interesting to note that EUG can start buying another 3% of the stock as from this coming Monday or they could underwrite another issue from then as it is six months since they last bought shares.
nice margin now over high costs, page-2
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