Absolutely spot on rcml.
With 9 mil cash in bank I don't see this falling below cash backing in the event of failure which is indeed possible. Therefore, I have allocated enough of my holdings to this that I can enjoy the success of a significant upside yet limit my exposure in the event of a duster. I am optimistic though about early gas shows in the primary stage, though would like to know more.
Good point you made.
PGamble
