What a mess. IG imho was always going to create a big can of worms, timing couldn't be worse.
Seems as if the 10m is only enough to fund the current horizontal drill and frac. What about the frac of the first two vert wells?
Also that ann should of been price sensitive, given it's a pretty bleak summary of current situation.
Kat..
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- Ann: Open Letter to All Shareholders
Ann: Open Letter to All Shareholders , page-6
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