Hey Gassed, couldnt they simply release 'new' options immediately after expiry with similar strike price?
That would raise some further cash in the short term and also provide your longer term potential funding source. Make them long dated and i'll buy some otherwise i'll leave them for the risk takers.
They do have income from production which will ramp up in the future with the gas deal and JV so i dont see them as being in the same boat as a pure speccy drilling wildcats.
Seems like management have been working hard over the last few months to secure the recently announced deals and i'm sure there will be more news to come.
JW
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Hey Gassed, couldnt they simply release 'new' options...
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