We are in the June quarter could come any time. Not sure why a 5 million spp that will be oversubscribed would hold the sp back?
As someone eluded to yesterday I was hoping it came before any good news to keep some away so I get my fill.
~ 3.8 million in bank. MK1 cost a motza for sure.
Without knowing what was spent last Q on prep work for seismic and MK2 its still pretty clear MK1 was well over budget. I'd say its the main reason they canned shelf edge, that and the weather.
Ann: Quarterly Report & Cashflow, page-4
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