happy new year, page-21

Hi Ric, yes the costs are much lower which is a benefit to us in this low POO environment but any CR costs us in more dilution. Hopefully the poo will rise around the time of the next CR so we have the benefit of cheap rates now but less dilution later.

But I'm a believer that it all ends up even in the end. Low POO = low costs, high Poo = high costs. POO won't matter much in my mind unless we are producing or selling the field/being bought out.

Edit: Sorry took me quite some time to post and didn't see the other posts