Garym "$28m was way too much for a company with no proven record... So I am hoping things work out this way... ".
Mark Earley does have a proven record. I'm sure he is of the opinion that if CEO can go to the market once to raise enough to buy the leases and do a solid year of drilling the living daylights out of Mongo the rest would fall into place. Who knows how easy it will be in a years time get additional funds?
Watching with interest
Cheers
CEO Price at posting:
4.2¢ Sentiment: Buy Disclosure: Not Held