Cash,
Can't see it, not at .008, no chance.
The forecast spend for the quarter was $10 mill which would leave about $11 mill. Remember we didn't flow test, so a saving there.
Dave won't go lower than $4-5 mill, as we have to cover leases, admin, activity.
Plus due $1 mill back from SoA.
Stay tuned there is something brewing in the background IMHO.
But CR at .008 forget it.
Guess your looking to buy cheap.
Cheers
Ann: OEL: Winx-1 Drilling Update, page-195
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