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Re: stervc post# 21718

Wednesday, 01/19/2011 5:00:42 PM

Wednesday, January 19, 2011 5:00:42 PM

Post# of 30337
Thanks stervc.

In case some are wondering how CoreStream can pay for these hypothetical 60 wells (in your scenario)...

I assume some of the profit from the initial well(s) could fund further drilling. Although, I would like clarification on what % ownership ZLUS will have in the well that was recently drilled.

It's possible that they will not have to "dilute" to increase the number of wells. Couldn't they utilize debt and other
instruments? Stock is not the only currency at a company's disposal.

You're thoughts?

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