I'm very deep in may as you know, and they have quite a bit of cash.... One concern you may help me with? with adx is cash... I don't know enough about the bills from the new (brand new??) Anshof ppu... Is it paid for etc... Then Anshof 2st is that covered?. I understand they intend to raise production there etc.... But the Vienna wells are in decline too .
I guess I'm concerned that they have a lot of activity going on, and I'm not up to speed with all previous cap raises etc... A potted history would be good.
I believe both companies are cheap as, noone has been following may, been no news recently till today.
I know they did a raise for welchau, then got a farm in? So they raised potentially too much...
Anyone throw me a bone here.
Cheers tc
I'm very deep in may as you know, and they have quite a bit of...
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