RE: .08 Open--they owb 12% of the deposit.How is it a terrible deal? Vast had a little over 1 million in the bank last time we got a glimpse of their balance sheet.
HOW did you expect them to pay their share of the drilling QD well #1 the additional 250M?
They could have went for a Private placement a diluted our sharebase for say .10-.15 cents a share..
either way we'd be subjected to dilution.
I'm happy about this NR.. we now know for sure we've drilling deeper. If we can get 5k BPD out of this thing it won't matter we'll still be a triple from here.