roosevelt sale, page-3

So the deal is off, which took some risk off the rest of the dilution which drove the SP down to 1.9c.

Dilution risk is back on the table with only two weeks to go. If TB can find a buyer there could be 590M shares issued at 2.5c. Plus 236M free attaching options.

And we have a stuck pipe which is halting completion on wells that we have outlayed a lot of capital.

Either way, the situation is not good.