Capital raising again later this year.
Should be no problem because whatever happens at SB will be translated as good news for Emr's adjoining leases; EP 4/05-6 and Lacapede Islands. Both along the Pinacle fault line. Of course success at SB will shoot the SP into outer space. Buru will be looking keenly at Emr's leasholdings.
Return to NW Alice and Greenbush drilling all in July will give a good base for capital raising.
As for the oppies, the company wants to see them converted.
Look out for more good news announcements. (I've said it before)
The company is beginning to look good.
its good, page-11
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