CE1 0.00% 0.9¢ calima energy limited

Ann: Trading Halt, page-18

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  1. 4,824 Posts.
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    Usually upsizes are done by businesses that are strapped for cash and take the opportunity when it is presented .
    They will have enough for most of what they want to do and would be hoping that future CR would be at higher prices .
    As you have said the people who control this company are well aligned with shareholders .
    The finance risk to start drilling has been put to bed and they can now keep progressing the Plan .

    gltah
 
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