You are forgetting at the time of the article EEG was $6 million now it is over $30 million and the share price has not moved.
it will need to raise more and more funds to survive and it has lots of options exercisable at approximately 3 cents.
a lot of paper to get through. There also does not seem to be a corporate at the moment willing to invest into the acreage.
you have to ask yourself why?
Shake a few out before the Ann Re: Farm in, page-12
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Mkt cap ! $264.4M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.0¢ | $166.9K | 620.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33116 | 26.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 8736 | 1 |
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