Albright Adam says hi, his thoughts, page-5

My rave - random thoughts!

So, will they be designing a gas or oil well?

And after two failed Cambay attempts will the market trust a third throw, at what cost. What will be the bottom line costs of 78, fully risked? - CR, dilution, more of Darwin etc
Surely the current buyers at 6c must be aware of the near certainty of a CR.
It's a pity they didn't do a CR at 20c!

Will they do a CR before or after the flow test results? i.e. between the AGM on 18 Nov and ~ 27 Nov or after 27 Nov. I guess it will depend on what they know about flows on 17 Nov.

Here comes 4c after CR - deja vu all over again.

One last thought - surely the Indian govt JV partner must have a say in all this. Maybe they've had a gut-full and will draw a line under their ongoing bleeding of funding OEX dreams. Ah ah, so now the penny drops, daa - I see, that's where our Indian Chairman pays his way - nudge nudge wink wink say no more!! It keeps the grave train in motion. What Modi doesn't know doesn't hurt anyone, right.