Note your comments on capital issues with MAD and the exemplar you quoted was AUT. This is your example of a successful oil company with good reserves and production:
06/02/12 $US200 million debt raising
16/05/12 $A120 million equity raising
26/07/12 $US165 million debt raising
16/08/12 $US150 million base cash drawdown increased from $US85 million.
Thank god they are not burning through cash.
FDM Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held
