ADI are free carried at the moment and with hilcorp taking over the ops and having obtained $300m to assist in this (ami) and other projects a cap raise is not needed for the near or long term . Imo aut are the ones that could need a cap raise as have more leases/acres in the area that are not a part of the (ami) so they will have the burden of holding and drilling costs on their own unless they farmin
imo and only my 2 c.