If they did that @gassed, you would be a reader only.
You're OK with Whisky speculating it is for more acreage ... where are your posts chastising a fellow bullish holder.
Spot on with they can't afford to buy anything without a capital raising via a private placement (to keep the no CR boys happy) ... but why buy anything at all unless it is some kind of immediate cash generating asset and then ask yourself why ... don't we have 387 locations left to drill?
You make no sense .... is that two words or one?
I'm interested to hear why you bought ... top 3 reasons
BTW, the AGM passed Resolution 10 ... so they have approx 25% total placement capability again do they not?