RE: .08 PP news outIn the radio interview Marc mentioned that they would like to speed up the oil shale property drilling etc. schedule and need more funds to do so (before the natural gas cash flow properly helps in this).
I guess this PP was then the one he was then referring to, right?
What is frankly a pain in the a.. is that always in venture exchange when the company SP is beaten down then suddenly close to the bottom a PP comes out with very low price and generous warrant and other terms causing more dilution. This is almost without exception and is a real pain for us retail investors.
Anyway, I hope these funds help GNZ to speed up the projects get some initial reserve estimates from the oil shale by end of this year as I understood is the plan based on the interview...
Good luck!