Glad You are all over this Trader -- so although we have enough money for the Exploration over the next three months with Cash, Loan availability and R&D Tax credits as set out in the above..
You are correct that we will need a CR to become a Producer -- A Hundred odd wells at 1.55Million a well (I saw in a Grid in the earlier release) -- so If EXR Grandis is going to Become a Producer of Gas and stand alone -- You are definitely Correct -- we will need a CR - of over $150million dollars ..
Maybe EXR should just continue at the moment as a Exploration and development company -- and leave the Producers of Gas title to the existing Big Guys -- and look to Sell to one of them?
EXR Price at posting:
10.8¢ Sentiment: Buy Disclosure: Held
