Has the company stated how much money is actually required 'as a...

Has the company stated how much money is actually required 'as a minimum' to get us to NGP production?

If so, I would much prefer we look at raising our own funds through current shareholders through a rights offer, even if that means dilution, than sell out to this pathetic offer by Mac Bank.

Maybe it is time to make a plan, get everyone on-board with it and raise just the right amount of money to get us there.
As a major shareholder won't Mac Bank need to tip in some extra cash or risk reducing their current position?

We must have more possible options...or is RC feathering his nest in anticipation of running the Mac Bank Oil & Gas division?

Just my own humble opinion...
Feeling extremely frustrated at the moment!
:-/
Damian