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Thursday, June 30, 2016 1:28:08 PM
Read in plain English, the max is 2,000,000 ("up to") and the min is ZERO, based on the absence of specific language regarding a minimum, as well as the FACT that there is always the possibility of no takers. It is implied.
Even if the above isn't doctrinaire correct there is absolutely nothing to indicate that the plan is all or nothing unless someone wants to employ pure BS 'spin'.
The time frame is two months, which can be extended an additional two months. It would make sense that the two month window wasn't picked out of thin air.
Further, there is nothing to indicate that drilling cannot begin unless the full 2,000,000 is raised - as well as nothing to indicate a specific lesser amount at which drilling can begin.
I would look upon preserving as much flexibility as possible a good thing.
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