look at the last quarterly....admin cost of $434,000. So they need at least $1.6 to keep them going annually on current run rate. I can bet that they will say something about "reduced salaries"and cost cutting as well. But, what does a raising get them other than another 12 months of same same....you cant drill a well in the PB for less than $8 million, not many takers for their projects... we will see. Yet again disappointing all around.
