I would be disappointed if they gave away a percentage of the company as i see that as dilution.
If they give away a percentage of the undrilled land i think that is better as we wouldn't be able to do any great amount of drilling on those leases ourselves.
I think they should just concentrate on producing with the equity they have and drill with the money they make if they can't get a farm down that fits with my second point. However i really hope we get some wells drilled with other peoples money this dry season.
BRU
Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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