CIG caspian oil & gas limited

oil rig, page-63

  1. 445 Posts.
    Have to agree with Emilio,

    A Cap raising is very likely. They could habe released the seismic report without going into a trading hold. I suspect this will work well to our advantage. The market did not have a lot of time yesterday to catch up on the good news of the drilling activity at East Mailisu.

    A cap raising will now give us some urgently needed cash to fund the drilling activities.

    Saying this, it will take very little time to reach a debth for 650m. I expect a very positiv result from East Maisilu.

    There is very good reason why they call this area the oil corridor of the world....LOL

    Best of luck to all: KM

 
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