At least they made one good deal that will provide some future capital in getting 5 million shares in RSL for Spinifex. The price has gone from .007 to .04 in the last week. A 35K deal now worth 200K when the joint Texan venture starts pumping oil at the end of the year it will be worth a lot more. It may keep us afloat for another quarter or so. Hopefully the Red Bore case will be settled favourably by then which must push the SP higher, as well as any other good drilling results in the meantime. We can only wait..
capital raising, page-5
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