RFE 0.00% 0.0¢ series 2018-1 reds trust

becoming substantial holder - ubs, page-28

  1. 2,645 Posts.
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    wobbly why are you so adamant there is a conspiracy theory

    Blind freddy can see they need to raise money to fund their drill program especially given a 4th rig is coming online soon.

    So until a raising is completed its going no where.

    Cash burn for the quarter was ~30m, with improvemnts in drill times and a new rig this will increase. Current funds are $30 11 cash 20 revolver.

    The question is how big is teh issue and at what price, no conspiracy theories needed its branded cum issue
 
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