did you punch the craap out of the calculator, page-4

...all the more reason why I wonder about the logic of the placement @ 26 cents?? Surely after strong gas shows at flint we should have waited and taken the chance that flint would deliver and then placed the shares at at much higher price?

I acknowledge there is no guarantee that flint will come through but even if it doesn't STX would still be able to place @ 20-24 cents on existing production/activity.

All they have secured by going now instead of after flint is an extra 2-4 cents......I can't see how the extra upside to stx was not worth the gamble to wait???

An opinion only!


HC