$45m Cash Call, page-5

It's coming one way or another. I'm more than happy to dig into my pockets and purchase in the 7's.

And once we have paid for the 2 firm and 2 optional, then it's blue sky ahead as the biggest impediment to the SP - the threat of a CR - disappears. With plenty of good stuff on the horizon. 15% dilution to pay for the drills to increase value of my shareholding >15% works for me.

That is, if indeed, a $45m raise is accurate, which remains to be seen, as does whether Upstream are reputable to trust - they could be, but the jury is out. But again, it's gotta be paid somehow soon anyway, sure it's more than expected, i guess that means it lasts longer.
I'd like to think FAR would have been aware of the possibility this could be in play (again, if indeed accurate)

Making some big calls of late, Good Oil - i like it - prepared to put the old agates on the line. Soon some people, one way or another, are going to end up looking pretty silly.