Well said, HB1. I really do think that we will have to tolerate a little dilution before the shareprice takes off, but I'll be more than happy to be wrong.
The dilution if it happens won't hurt us much, and I think the company will be a little more conservative with its growth plans than we would hope.
I would be delighted if we can lock down two or three contracts and get a bank loan to build the GS5000 - just one for now, and grow the company from there. If, by years end we have two rigs in the field - and I think that's realistic, AND Coretrack reading core for cash - that's when we'll see the rocketship some people are predicting.
Of course, all IMHO. We could also run out of moolah and fold.
Cheers DJ (In, up to my neck:-0 )
CKK Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held