RE: From a long term silent holder4 Feb 2020 12:17
As I have said previously in 2014 we had a very different financing model, that model through no fault of the company crashed and burnt in 2015-6 , leaving us with a debt that costs every quarter.
So it's either CR's or loans (do we want another) until like with area A we can add value to leases and get "buy in", CRs will continue and there will possibly never be an optimum time for everyone here but unless someone here has an address of a magic money tree...………. :-)
Had the SOA exploration incentives and repayment programme continued just imagine the progress we may made and the dilution we may have avoided, sure some of the spreadsheet kings can work it all out.
Don't blame DW! blame Gov. Walker for his short sightedness or the Arabs for attempting to kill USA shale, I per Pat Galvin at GBP would have some very strong views.