have to agree with you Greedy, in principle, if this is going to...

have to agree with you Greedy, in principle, if this is going to produce then surely it is a cheaper better option to go to a bank and borrow the funds ... also with all those oppies out there, of which surely a good few are in the hands of the boys, they would want these to end up in the money so why dilute? Here's hoping anyway ... of course the cynic in me is telling me that a equity based CR is an easier way to line their mates pockets!!

would love to hear from an O&G sector banker out there, anyone?