disgusting

I am not investing in any cap raise - if anyone thinks I am saying this to downramp and buy in lower well you are wrong there too.

Only when cashflow positive is reached will I reconsider "throwing away more money".

The oppies are DEAD. Write your oppies off.

And what is probably worse is that the JV ("expect a new partner to join the project") will in all probability get a decent share of the project for a fraction of what anyone on HC has specified. Min $5m - Max $15m is my bet on a JV and it will probably be 50-50 split.

And after all this is over SG will wake up one day and decide oh lets do a 10:1 share consolidation so he can keep diluting the stock further at a later stage.

Very very disappointed.

8 months since the first well was drilled and we still dont have 1 well at full production.

Yes it's outrageous.

No current shareholder in their right mind will invest in the cap raising - lets teach the ba$tards a lesson and not subscribe this time around eh