Questions for DougHi Doug,
1. Is it possible to shed some light on the latest PR? It would appear this pace of drilling is tied to capital reserves, is there a potential for a private placement or private equity infusion to ramp the drilling to unlock the total GEO potential? Or inquire why drilling at this pace makes sense for the company?
2. Can the MGMT Team provide any insight on when Mr. Burmi will be done with his share disposition? Some of the comments on here are sort of correct? If you need to raise equity, there are several other ways to do it with your assets, LOC, Loans, Mortgage, etc. Having a key director selling shares doesn't look good and instill confidence. I understand everyone is entitled to do what they want with their shares, however, insiders like Mr. Burmi are in a position of knowledge and their moves tend to send signals to the rest of the investors.
Thanks, look forward to your responses.