request for different angles of thoughts...., page-3

that's alot of dilution for soemthing that will paback in 5 years. True. It will only be 10mill in revenue.

They could get 10 times that money in increased market cap by just focusing on proving their reserves using 10mill in cash, instead of the 40 or so it will cost to get the plant up and running.


I don't really understand the totality of why they are doing this.

Perhaps it is to put a rocket up the potential suitors.

Perhaps they are dead serious about becoming an energy company in their own right.

One thing is for sure, these guys have done it before with AOE and I trust them to do it again with BOW.