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AGM, page-6

  1. 6,066 Posts.
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    Sounds good.

    I would be interested to hear what plans are in place for funding going forward.
    Given the dire state of oil and commodities right now, are they just going to dilute all shareholders to death to fund all costs going forward and hope that oil price and sentiment recovers next year?

    I really can't see any other way to fund the big upcoming costs apart from selling off part of the 15% but what sort of price can any assets really get in todays environment. Perhaps it was you that mentioned in your report at the AGM/IP that management commented on how bad sentiment was in the oil game and If anything since the last report and the recent news of OPEC not changing they're stance finance would be even harder to come by now and sentiment even worse. If there is only a very small crowd then maybe you will get some better one on one time with some of the chiefs. Anyway your all over it, look forward to it.
 
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