Someone knew about the raise, it should have been powering through 30c, but sold off 2 days ago? That's my rant done.
Yes, they probably only had cash for the one well, and since Helium 1 has gone their own way, the synergies of mobilising the rig across two companies are lost. None of this matter in the grand scheme, they hit commercial helium anywhere then we are $1 $2.. We don't we are 5c... Need to raise now to avoid bigger dilution for the second drill if the first is a duster.
Anyone know the broker to the placement? was Wilsons and MST Fin Service (whoever they are) were the JLM's last time?
Someone knew about the raise, it should have been powering...
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