Sure, success at Madigan would be spectacular for RAW. Is the drill still on though, as CTP is making noises about an additional well close to Surprise?
Personally though, I find it hard to take someone seriously who thinks CTP is a 'strong buy'. Look at the amount of scrip!
Even a half decent find would be totally diluted into more than a billion shares, and they would still have to raise more money to do any development.
Anyway, KEA put on another 14% over night. How come that doesn't feed through to RAW?
madigan, page-11
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