indonesia, page-4

Coops,

There have been so many times where 'sensible has been thrown out the window' however I will only mention one in order to not confuse you.

=> Trying to raise $28Mill at 5c with a MC of $25Mill from three holes only to realise it wasn't possible. Management having to eat humble pie and raise LESS funds at a LOWER price with a GREATER dilution. =>


I just hope the company releases an announcement before the 19th of December stating that rigs are immobilised and currently drilling! After all, they did say that they will commence drilling IMMEDIATELY upon aquisition which is scheduled for the 12th of December.