re: Ann: Equity Capital Raising of $42m - und... I fully agree with you Fluff.
Last Friday I thought we were going to get hit hard with an insto only cap raise offered at a large discount.
This entitlement offer is brilliant and gives everyone a fair go to get involved. 5 rigs, we're up and running. Lots of cash, aggressive move by management providing that the offer is sucessful. (which it should be)
I'll be taking up my offer and happy to have a fair bit of my skin riding with the drill bits on this one.
Cheers,
Peggs
DYOR.
Ann: Equity Capital Raising of $42m - underwritte, page-4
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