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709 Posts.
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03/06/14
10:19
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I dont think that is the case.
I think after the small aussie roadshow and presentation that there maybe some genuine interest.
The olmos well may spud earlier than I was anticipating.
All companies need funds although I believe Cliff is acutely aware of unnecessary dilution.
Barring mechanical or execution issues,Im very confident of a good result in the olmos.
A small raising could make sense if the stock spikes just prior to drilling the well or just after flow testing.
Lets face it,if the olmos doesn't work,it will be a very long and tough road for everyone.
All the best.
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