True Margi. But we had the chance to invest on same terms. And...

True Margi. But we had the chance to invest on same terms. And we have a chance now to buy in even cheaper. I don't think it was a matter of getting cheap shares for the underwriter and then finally kicking into action.

Because only Frank P really stepped up. TB basically had minimal participation. And why let Lind in on it moving forward if it's a cash cow.

Lind might be more about perception. People hated/blamed Novus, so swap to Lind. Even though the deal is no better, people will view it and the independence more favouably. But still an odd move imo.

We need to drill one well every 3months to maintain the lease. That is a heavy burden on cashflows. We will need more producing wells before debt becomes an option imo.

And what if we get the stock standard line about debt still not being an option due to ongoing legals? Legals that we know will drag on through appeals court.

This is definately a flip of the coin. If things go our way then could shoot up quickly. But it will only take one or two hiccups to destroy all remaining value.