you don't want dilution but are happy for them to sell aje?
i don't understand your logic..
Aje at the moment is the only guard we have against future dilution.
the company has stated on many occasions that they want production to fund exploration, that's why they bought into AJE an advanced status project.
If they sell AJE for 15m that will get them 1 more well.. and if that's dry the company is fuucked.
Pure exploration plays come and go, They end up with billions of shares @ 0.02c, you have better odds on black at the casino.
on a volume basis 90% of experts agree that if there is oil down there, that there is at least 43mmbls (and that was before the upgrade in 2011)
Oil is there.. it's just a matter of it flowing..
Tomorrow i am hoping for oil to be recovered to surface on a DST, recent buying may hint at that.
All the best.
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