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Re: bdahl385 post# 45163

Monday, 03/02/2009 10:47:19 PM

Monday, March 02, 2009 10:47:19 PM

Post# of 51429
20 million since when? About June? It looks like they've added about 4 million since Jan (just a cursory look at t trade volume). I'm sure that with oil prices in the tank and drilling expenses coupled with a low sp the increased volume could well continue to enable them to stay "cash flow positive and debt free". Mid-summer should be about when the as run out.

Does anyone have a fairly accurate t trade tally since the last os update? It would be interesting to see how they correlate with the increase in os.

I personally think the t trades should exceed the increase in os due to shares coming off restriction and entering the float in addition to those sold to keep the lights on...


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