The problem is with the placement at 16.5 there is also not much margin for error, I suppose they are dammed if they do and dammed if they don't.
Someone is going to have to keep proping it at 17.5 or 18cents cause if it keeps going to 17cents or lower no ones going to buy the placment at 16.5 and then no money for too many wells.
shareholders stiffed, page-2
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