So the $10 million available in exchange for 200 million shares, an average of 5 cents per share. Can't see these available funds could be a war chest for future drilling of Big Sandy when NTEC needs do do so much to get the approval through.
Be interesting to c what management share about the need for this funding, when they have had so many failings in the past.
I guess time will tell.
Ann: At-The-Market Establishment, page-10
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