Sunnyskies, if the price can move up really well on decent gas anns, they have $30million coming in by the end of June.
152,288,664 Listed Options exercisable at 20 cents each on or before 30 June 2009.
There might not need to be placements prior to that - but I don't know what there immediate expenses are and whether the last placement would have covered drilling costs until the oppies conversion money starts to come in.
- Forums
- ASX - By Stock
- cant believe this is red
Sunnyskies, if the price can move up really well on decent gas...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries