not too many ppl willing to sell yet its at the SPP price which is creating a floor
I think if these people really want to get they would have already which occurred last few weeks at higher prices
Im worried with what happens to the SPP not been fully taken up as the company is relying on this money to fund its drilling campaign? Will pattersons get to be the collector of cheap shares that could be bought at market who knows? will Caspian be happy with the pittance it will receive and continue on selling pru who knows?
Still many questions need to be asked i think drilling report will be apart of the quarterly on friday
Im expecting it to say hydrocarbons showing were encountered and deeper drilling occurred to test the target zone.
Hopefully we see some signs of gas that is commercially viable even a little bit
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