new ASX CODE, page-35

I don’t get it. We gave out 400,000,000 shares worth $40millions at current price to raise only $5millions. Which means our combined Spain and Uruguay assets only worth 25% of Warrego. Because our 120,000,000 shares is worth around $12millions. Imagine the Warrego guys just became $35millions richer. Anyway I just hope those guys are not going to cash out their $35millions otherwise sp will tank unless we find oil/gas. Anyway with 550,000,000 shares at $0.10 our total market cap is at $55millions already. Will we get to 10 baggers to $550millions if we find oil/gas? At this stage I’ll be happy just to get my money back at $0.80. F$&@ DC.