"A capital raising now suggests that they are not as confident in the success as people thought. Is a CR required right at this time? I'
I am sorry I dont agree.
If you find oil, and believe you have got Gazzillions of Barrels of it , you would want to do what is required to monetise it.
If we eat into our existing capital we affect our drilling program which may (probably will at Surprise) improve or resources.
Sorry cant run a company without money its the life blood that pumps everything.
Hang in there guys and gals it will all come good. You will all be shouting for glee if the new Cap Raising monetises the resource in the near future
CB
cap raising!!!, page-41
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