The Poodster11 Oct 2018 19:17
Poods...I do feel as you do that Philip will sooner or later have to raise some cash for the company. Last week Newtofo pointed out a second overriding royalty option would be able to be removed from the equation by NOV of 2019 and that FOG's share would be 4.5 million. I can definitely see Philip wanting to remove this for the eventual purposes of monetizing. As well he will want some more cash available for future commitments etc. But first he needs to get the stock up materially. The RBC research has been quite frankly a yawner and I really don't think Ben (their BOY....no offense to any southerners) has added much enthusiasm to our cause. Possibly Philip is looking for a firm that will get some excitement building for the future capital raise is my guess.