re: presentation-new well in production
I clicked the link. Nice one, more positive PR hopefully.
I should think there is no need for further share issues. With the added production from the new Vermillion wells as well as the better prices and winter approaching, well they should have plenty of cash.
Also any success with the onshore wells (albeit much smaller dollars) would see those tied up to production as well.
I do think we may get past $1.40 tomorrow as well. Do not seem to be too many sellers on the boards.
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held