$1.5M will be used toward IPO...that says to me its full steam ahead regarding BFC and lodgement fees for IPO $$$
$2M SJ Drilling in June/July 12...what a relief $$$
Not worried about exercising the CCD option short term as reading the memo, there is no time limit set.
$200k regarding other projects??? Could it possibly be related to negotiation fees in regard to potential project acquisition/ stake using the $10M facility?? Speculation here but that $200k seems quite odd if there was nothing being planned for...any thoughts...
VAN Price at posting:
2.9¢ Sentiment: LT Buy Disclosure: Held
