Yep, US$20M per well that will be paid for by someone else in a JV.
Probably after a cash injection for previous expenses incurred by CND as part of any deal.
'CR incoming' you say - maybe if the stock runs they would use that opportunity to raise funds so I'd never rule it out.
But a near term CR ?
As Zxc points out - there is no immediate need for cash.
They completed their last raise for $1.3m less than three months ago ??
Anyway, let's see.
Yep, US$20M per well that will be paid for by someone else in a...
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