they were not a failure though. They discovered a working petroleum system. I was referring to the same amount of shares in issue. Dilution? we're about to sell georgia, so I doubt we will need to. If we do it will be at a much higher sp.
Nothing has changed apart from expensive 2 failed drills and a display of communication by the JV that was nothing short of embarrassing. This will continue to rise I'm sure but RMP aren't gonna just be free carried, at some point there will be crippling dilution IMO. Any thoughts on how else they will be funded?
will hold mine till puntland drilling. been underwater for the last 2 years... so now time to reap the reward. will take 50p on puntland drilling confirmation. should we hit oil (i mean oil, not water), then will see 3 digit here !!
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