I agree we need to get things moving I do not agree with you method of using MR we are not in a 50/50 negotiating position what would the want 60% of the well or the concession which is lost for ever.
SH would be for the way to go but I do not think we could raise enough to drill that is why I think SI would be the way to go.
It may reduce the SP but we would still keep what we have 100% and some of those share would eventually be purchased by existing SH .
It is better to purchase a share for a $1 that is going up than one for .30 cents going down
EGO Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held