Yeah I'm sorry, but have to agree with Sam. Mgt raised plenty at .07c, and clearly wanted to keep it tight. It has almost bagged and the rigs haven't even started spinning yet. When O'Keefe wants to raise some money he will be able to with the drop of a hat. He has plenty of followers of his who have made a mozza. Operators like him, Tolga, Middlemass, don't exactly come around every day. The way they structured these earn in payments was clever, and if the first pass drilling has the right stuff, raising money won't be an issue... I think we'll see a minimum of 15c on drilling announced imo
BDM Price at posting:
12.5¢ Sentiment: None Disclosure: Held
