That is the way I am reading it Johno
They did a raising at 2c which must have hurt like hell.
Looks like desperation has galvanized them.
I like the bit about others having great success applying new Tech to these old grounds.
I wonder how much is factored into the cost of the acreage, how much effect a successful frac will have on the value of the leases. You would think a lot is factored in, but that shows confidence either confidence or desperation.
Always nice to get to these parties early.
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That is the way I am reading it JohnoThey did a raising at 2c...
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