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windansea

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windansea

Re: geopressure post# 4461

Friday, 02/10/2012 1:07:13 PM

Friday, February 10, 2012 1:07:13 PM

Post# of 17809
geoP; Do we have any information on when the original leases were started? I assume that the 5 year extension on the leases will require a cash payment to owner(s) of the land. I believe that the situation for the options is similar. They must be periodically renewed, which requires more cash. If the company is diluting to obtain funds for this purpose, it would not bother me one bit. Any info you have on the due dates of the the above events would be appreciated.
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