OTOH, at some point, some holders of financing shares may keep some.
Whether Viking's estimate is right or wrong, 800k or 1M share days is better than 200k to 300k, as we play out toward March FN listing, which will likely free the prolific pr machine.
In turn, the listing will precede 2012 results and 2013 estimates by only a month or so; q1 2013 results by only two; and bond offering info in both conference calls.
I am curious about 2013 estimates -- and somewhat pessimistic compared to earlier projections, because I think they may take a conservative approach in estimating 2013 AWOS. This would be a setback to the seriousness of alternatives to equity financing beyond the bond offering.
On the other side of the scale, with a credible statement that equity financing will end in 2013 and take place only in a limited and opportunistic fashion, estimates will be better and pps will be a whole lot better.
