There won't be enough cash after these wells actually start...

There won't be enough cash after these wells actually start paying to drill more wells at this slow pace. By the time they are actually pumping oil, and no drill season goes by (3 months), It could be up to a year for just 3 wells, which going by Guys own comments to Auto, won't even pay admin/working cap of circa $1.5m pa let alone produce FCF for more wells. Certainly not with Oil stuck in 40s.

Will be a 3rd CR within 12 months of first.
By end of March 17, they will be after more $ is my pick. Picked the last 2 right against all the howls of "fully cashed up" and fully funded for completion of just these 3.

and then back to 3bill shares again. and yet another consol?
there are 548 million options in the money over .006c. It's like a anvil hanging above the stock.