These Notes were definitely not in the best interest of the share holders and a shocking case of looking after your mates! As a long term holder I am all for the Canadian assets and increased WI for BORBA but question why the LT holders got snobbed in the capital raisings and so heavily diluted?Basically the note holder got a massive windfall and we got nothing! Why has the resource estimate been held back from the LT holder’s for so long ?I am so excited that finally BORBA is here and think the next 6 weeks are gonna be the ride of a life tome. It’s been a long wait but the possible rewards will be worth the wait. Let’s hope today is the day all will be revealed! I am estimating over 6 TCF of gas.
SGC Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held