The market is waiting for info regarding where SEA are going to spend the $100M.
The management have never waisted any capital they have raised so far, and I would not think that they will this time, would suggest that they have being eyeing out some good acreage all ready.You don't borrow that sort of money without aready knowing where you are going to spend it.
This northern summer drill program should put the icing on the cake and make last years share price rise look perdesterian.
OMO
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insane sell down , page-11
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