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Hamilcar54

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Hamilcar54

Re: yaya88888888888 post# 2363

Sunday, 02/15/2015 1:32:26 PM

Sunday, February 15, 2015 1:32:26 PM

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In their PR's they state they identified 8 drilling locations so the question is: will they drill 5 or 8 wells ? If they drill 8 then they will need more money then what you propose.
Also see that non-dilutive aspect from the last PR, if Perseville provides the money then they will earn more than that 5%
How this is exactly calculated, nobody seems to know for now, we can continue to speculate about all ownership aspects but we'll only know for sure when everything is PR'ed and documented...can't be that far away now...
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