Not yet with near dollar parity the have enough money for 2 drills and 3 fracs. But I think you will see H1 fracced and flowing before you get a cap raise. These guys have been good to holders they run a lean operation and overheads are small. Doing a CR now is would not be in the interest of all holders including management who would have there share diluted. I really think they will be aim for at least 14 to 16 cents.
frac ann out now, page-4
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