The raising amount is interesting, $6m. When they bought the UK assets they estimated Lidsey #2Hz would cost about $3.5m and there is no mention in this document about when the drill will occur. Last update had indicated Lidsey #2Hz would be drilled in November 2010.
I'm surprised they didn't coincide this raising announcement with the 1st quarter activities & cash flow reports.
The raising amount is interesting, $6m. When they bought the UK...
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