where is the revenue coming from, page-4

  1. 267 Posts.
    There MUST be something in the wind.

    Our CR for $7 million was the minimum amount (15%) that could be mustered without shareholder approval.

    Everyone here is aware that 7 million is not going to fund a hell of a lot in reality.

    Maybe our best JV proposal requires shared costs on infill seismic and now we have raised the cash a JV can be finally announced?

    Remember we went from 2 multi billion dollar interested parties to 3 last week, perhaps this 3rd party was happy to sign a deal that allowed us to retain a better share of the project than the other proposals but without a cash component and an agreement to share equal costs of infill seismic to firm up drilling sites?

    Pure conjecture of course.

    Cheers

 
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