Yep, US$20M per well that will be paid for by someone else in a JV. Probably after a cash injection for previous expenses incurred by CND as part of any deal. 'CR incoming' you say - maybe if the stock runs they would use that opportunity to raise funds so I'd never rule it out. But a near term CR ? As Zxc points out - there is no immediate need for cash. They completed their last raise for $1.3m less than three months ago ??
Anyway, let's see.
CND Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
