RE: few more buys go blue8 Jan 2020 15:14
BP / All - The thing is , the credit facility is the starting pistol.
As they can't raise until at least April then there is no potential downside for at least 3/4 month. Quite the contrary, there is a strong likely hood that 2-3 FUM deals could be signed.
Either way the wide market is going to wake up to this and unlike dodgy dogs like BLOE or NFX, it's not like there is some over statement of oil or gas or market potential. We know how much this this is worth and it's at the vanguard of a very lucrative market.
Go and have look at what other trailblazers have done under similar circumstances.