Oh, another capital raising! I suppose shareholders can't expect...

Oh, another capital raising!

I suppose shareholders can't expect the company to keep drilling as much as it has without the need to top up the kitty. Much as we would like to think they can do a loaves and fishes trick with drilling costs I don't think Rodney Foster is the Messiah. (Deliver some stunning drill results and I may be tempted to change my mind.)

As long as its not too large is at this point and at much of a discount I guess it has to happen to keep the rigs turning. Let us hope there is a stepped progression.