PRM 0.00% 0.6¢ prominence energy limited

will cap raising be necessary

  1. 356 Posts.
    Just lightened my CVN load ever so slightly and am considering a stake here ?

    Any ideas if more shares will have to be issued to fund the upcoming drilling in Thailand and elsewhere ?

    Reading their last report it seems to me that they have little cash left.
    I would hate to see this diluted as much as CVN.

    Any comments appreciated.
 
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