ROG 0.00% 0.8¢ red sky energy limited.

10mc, get a grip mate. There will be no cap raise until the...

  1. 310 Posts.
    10mc, get a grip mate. There will be no cap raise until the pilot well is approved. This news will re-rate the SP (1.3-1.5 imo) maybe higher if it is pumped. Then the cap raise will occur (possibly around the 1c mark), it happens all the time. Funds will then be used to source a drill rig and get things underway. If the pilot well is not approved then its game over for this CO and there will be no cap raise.
 
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