will tte's sp go even below the cr pricing?, page-6

Yes, i would suggest existing shareholders that don't have money to top up with another 20% would be selling in order to participate at 2.5cents and get the free option.

Lets take comfort in the fact that:
1. 3 new wells are funded;
2. Directors are doubling their holding at 3cents and buying another $150k of shares each;
3. CEO still has unsecured con note in play;
4. Market cap is only $4m.

It is worth recalling that we hit 4 pay zones in AD north off one well and Titan's 3D analysis shows that Perry Ranch is where the oil is at, that reaches to AD North though isn't as significant and deep as in Perry Ranch. I'm quite confident as you all know as without confidence nothing is achieved in life.

If we hit oil in Perry Ranch that is substantially more significant that AD North or Reese 2a well , and market cap stays at $4m , well we could be in for a show.

DYOR, High Risk , High Return