re: usa oil and gas venture Depends on whether the pumps can...

re: usa oil and gas venture Depends on whether the pumps can handle sucking the stuff up at the lower depths and what is actually there....no doubt the 110m placed will go towards the us$25m to cover the next 18 months...as for the current shareholders missing out on the placement...me being one....I should think the company is in a stronger postion than before so we should at least see 50c in the next couple of months espicially if all those so called sophisticated new holders would like to see a little more profit than free options and a 3c premium.......