Very well known story blueballs, nothing there we haven't known...

Very well known story blueballs, nothing there we haven't known for months+, but welcome to the story.

The new information is Tribeca and deep pocketed supporters of Stein/Whiddon fully funding both stages of the drilling/pipelines Stage 1 (equity $20m) stage 2 (debt $40m). My understanding is retail basically missed out (75% scalebacks) as did some instos that tried to get in late. This is a game changer for mine as it raises the prospect that we become producers in our own right and not just an asset play that gets gobbled up by a US/Canadian concern.

Of course there will be flippers today (although 50% of stock is not tradeable until shareholders approve it), but as w3hunter has said 6.2 cents is support, and I see no reason why that shouldn't limit any downside today before the move to 10/11 cents.