spud date, page-32

Hmm wouldnt the market cap actually increase?

say 100,000 shares on issue
performace is achieved and they put in another 10000 shares

wow now there is 110,000 shares

if share prices remains the same (which it wouldn't it would most likely drop due to people taking into account the dilution effect of the issue)

*lets say were at 20c

100000 * 20c = 20000

110000 * 20c = 22000

See market cap increases, although the shares should drop because they would be worse less then before the issue, this isnt always the case. As we know the market isn't always rational. :P

But hey while were dreaming doesn't it say that each successful well would be worth 4c? So.....
16* 4c = 64c ;) :P

So QPN managment could you please hurry up and drill the holes so I can retire already. hahah :P