"You mention dilution of the eka shares, are your thoughts also...

"You mention dilution of the eka shares, are your thoughts also around near term cap raisings also? just curious how you see it.. theres a pretty substantial program of wells to be drilled in the very near future.. adi and aut have terrific cash position atm,, what are your thoughts?"

Cap raising for EKA is a bigger risk than for the others although AUT may have to come up with a lot of capital or lose some acreage. However in comparing relative values I have given credit to ADI for cash on hand. You can't have it counted twice.

I am ignoring cap raising at this stage. Maybe development will be funded through income. If there isn't income shortly then my interest may be past history. The groundhog is bringing me out in an allergic rash.