hi coat, heard the same figures myself, where theres smoke??
full agreeance re raising, wont get far with $6 million if this is solely for drilling the Mississippian play.
might eke out 2 horizontal wells at best depending on the % they own in each 640 acre block, possibly rely on other companies fronting up with drilling cash??
perhaps also hoping that success with the first horizontal well the SP will be considerably higher before management need to tap the market again?
AOK Price at posting:
9.9¢ Sentiment: LT Buy Disclosure: Not Held
