Somehow everyone keeps forgetting the value of the asset. They are close, once MK2 complete and flow tested, to proving up an independently assessed resource of 20tcf of natural gas. If you have a high level of confidence this will be achieved, a basin that flows for twenty years, in my opinion, 13c seems real cheap. Hence the hundreds of buyers for millions of shares lined up as we speak.
Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-210
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