the 'escape' i am glad to see is the escape from upcoming drill funding committments.
comet is now bombproof stateside for years.
my take is that they get to access 20% of the cashflow created by up to $26 mill us dollars of spending.
if they can get cashflow this year--no more cap raise.
fremont low risk low producing drills are now go.
they couldn't afford washington--now they won't loose the lease---which was only optioned.not owned.
couldn't have really got a better get out of jail free card.
the 'escape' i am glad to see is the escape from upcoming drill...
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