If they're raising capital I hope it's after the next Turner Bayou results. Raising capital will dilute us nastily; there isn't going to be great demand given the current situation, and the share price is already low. If the next well is bad a capital raising will be extremely difficult, but hey, if it's bad we're screwed anyway. I'd rather a shot at things going well rather than a compromise.
Capital raising at 10-20c would be much nicer than 2-3c.
I think I'm a bit beyond biting my nails and sitting at the edge of my seat. I'm just sitting around waiting with almost indifference.
PYM Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held