Could get lower still. I was waiting to average down a little but will hold off until sub 4c.They will need another CR soon as $1.1m with expenses of $555k this quarter.
That just leaves ~$555k for the June quarter (Alaskan season will be on again then).
The threat of a CR will keep a lid on the sp and if the normal discount is applied we could well see 3.X c?
Ann: Alaskan Exploration Programmes Underway, page-20
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