Financing for Iraq
When I called the Company last time, I queried as to how they were going to raise the cash for Iraq. I was told debt financing. Hence the last addition to the Board; he's our connection to the big banks in the UAE. They are not contemplating any additional equity financing.
I stand by my previous prediction: As soon as the Albania results are in, the share price will settle in the 50-cent range. If they can add contracts upwards of 10,000 bod in Albania, it will go over $1.
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