IT’S GO TIME!Yes, there is more dilution, BUT max development needs to AND WILL start now! The guys running the ship are experienced and fully aligned with shareholder interests.
Frankly, the oil market is very positive now, so the sooner the better! I’d rather dilute my shares then discount cash flows way down the road...today’s market simply will not ascribe any value to cash flows that far away.
Go Pulse go!!