If they spud in January and it takes 60 days to drill they will be down to about $10 million at TD of firat well given the current burn rate of $3.3 mill per qaurter. There looks to be some chance they might go do a CR for $10 or $15 million somtime near the end of this year...does anyone have any thoughts on CR..
If they spud in January and it takes 60 days to drill they will...
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