this is just a 'lifestyle' company for Rita and clan, They will continue to dilute and dilute to keep themselves in the lifestyle they are accustomed to.Whoever said 'in Rita we trust' lol!
'This provides Magnolia with de-risked exposure to new leases, however, the Company is obliged to fund its share of the costs for any subsequent wells drilled on these leases. The funds raised today will enable Magnolia to cover its share of drilling costs on any additional wells drilled'
Steve, a license will do for me.That will be enough to rocket this thing towards 30p and beyond.Will the judge play ball though???? Illumina will fight it all the way imo.
yes, and what narks me is they say the lawyers reckoned they had a good case, well surprise surprise wouldn't they just when they put their £6m bill in!