Gold - Thanks for that I was not sure about the breakdown. Where did you get the figures?
Anyway seems like a lost cause at the moment the spp, maybe Hartleys could have underwritten it since it was oversubscribed so easily.
Surely if there is not a change in sp the offer will be dumped at the meeting next week.
Though it only takes a 20% day to change things but usually it happens a CR.
Cant wait for the pump otherwise the sophisticated investors will be in trouble as well. The only thing I would be worried about is at what stage they may dump at, 60 cents or $1 in the short medium term, who knows?
Long term though I would like seeing 5 wells in production next year at some stage with revenue $200k, optimistic for some, but sure is not impossible, someone can work out the sp with that.
HOG Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held