GRK 0.00% 0.2¢ green rock energy limited

Gents, Ladies, genuine questions here. If I understand it...

  1. 1,050 Posts.
    Gents, Ladies,

    genuine questions here.

    If I understand it correctly, GRK has ~2.1B issued. $800K in the bank with a qtrly spend of ~$250K.

    If this pans out, they have to immed. issue another ~166M, with another $250K (or equiv. eq.) to the vendor as soon as the VWAP stays at .006 for > 10 days and then commit to spending another $500K on the tenements over the next 12mths.

    I will readily admit to being somewhat of a numpty. However, am I reading it incorrectly to say that another CR has to be imminent?

    Is there something here I'm missing to say this thing is set to blow?
 
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