Drilling costs are one thing, but I think we'll need also a few more million $ to get the PPSA over the line....
Discount to VWAP is o.k. in my opinion and at least not a extreme toxic 1:1 option constellation as in 2022 pre-spud placement.
Of course it s.cks, but no matter how the drilling turns out - In a few weeks no one will be talking about this placement anymore
Ann: Trading Halt, page-167
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