RE: FinancingI cannot figure out why there is any confusion regarding the fact that BUK needs money. When you drill a well that goes way beyond the planned budget and you only have $40 million plus to begin with it becomes very simple math.
They are certainly going to raise money, as one poster suggested, and the odds are it will not be an equity financing since the stock is hanging in near the $1.40's. Would undoubtedly be lower if shares were being issued.