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pym banks $6.5m in cash, page-37

  1. Quennevais
    701 Posts.
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    12/11/14
    19:56
    Post #: 14279466
    Bear in mind Forest that if these get over the 2c gain line before July 2016 it will trigger the 458m options and a further $9.16m for drilling.

    This is cleverly structured and the 200 vertical wells - or lesser combinations of vertical and horizontal - planned for Capitola stand a fair chance of being financed from a combination of current cash options and future production following the Raven announcement.
    PYM Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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