I hope they are not planning to do what BRU did just before...

I hope they are not planning to do what BRU did just before their drilling program and have a cash raise.
BRU had its pre drill shareprice destroyed.
I know CVN has a healthy bank balance at this point , but going into a drilling program and a development will
take a lot of cash , so maybe they are thinking to stay ahead of the curve. If they do , then it is best to go early so
all the games are out of the way by the time drilling starts .
This is not a scare or downramp , but just an observation after seeing my other junior oiler , BRU, pick the worst possible time
to raise cash. Another dumb thing BRU did was to offer sophisticated investors shares one cent cheaper than retail holders but I
think AC is smarter than that.