I don't think the shareholders should be afraid of a stock offering. If the planned appraisal drilling is as successful as I hope it will be the worst plan would be to keep the company under funded.
Shareholders will prosper along with the company if the needed financing is planned in a thoughtful, responsible way. The best plan should be to demonstrate the potential of the blocks then go to the markets for additional funds which seems to be what Keith Hill has planned. Good luck, Farrell
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