mir, AZZ also plans 10 wells in 2010. As for the flow rates for both co's, that is something we have to see.
How far will 10mill go? probably far enough to do another $20M debt/cap raising at say 90cents and my guess finalise funding for the 3 year well program with under 300M shares on issue.
AUT won't get a cent until Hilcorp is paid back later this year. This means AUT also needs also needs another cap raising.
So 10 wells each, both co's possibly diluting around the same amount, but AZZ with faster cashflow and 3x the net acreage. It's a no brainer.
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