They also probably had a better view of the situation of the results of A1 so didnt' buy into A3. Looking at their credentials they are geologist themselves and oil on the shakers does not equal oil coming at them, unable to control well due to oil, cement unable to hold back oil etc which I reckon the market bought AP's spiel and did well to sell it to the market.
Manage to raise cash and get options converted on such comments.
meeting 17/07, page-78
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