looking forward to seeing the reserve and operating numbers so we can crunch our own numbers - some pretty astute people on the threads here.
As at the end of the last 1/4 the Fork had ~ $7.4 million at hand. They found another $24 million the other day under a rock giving ~ $31.4 million.
Deduct forecast costs for this 1/4 at say ~$2 million and allow for advice today that they will have ~$16 million left after the transaction - it appears that this transaction will be in the magnitude of ~$12 - $14 million.
Looking forward to the details.
Go the fork.
Cheers
Waterfront
RFE Price at posting:
$1.25 Sentiment: LT Buy Disclosure: Held