RE:RE:always find it interesting with placementsUNABKXB wrote: Mimigoon I am an overseas private (small) investor who would like to buy some of these Public Offer shares (and Warrants) but I am struggling to find out how? Can you point me in the right direction pls.
You can't. When I called last week the offering was over subscribed and there is no more room to get into this so they have closed the book. That means the over-allotment is being exercised as well.
The stock should pop once this closes next week. At $25 million the offering provided more than enough money to drill the first three wells and possibly the Botswana wells too. The rig is suppose to sail next month and drill in October/November (https://www.outsiderclub.com/the-highest-impact-oil-and-gas-play-in-the-world-/96553). We should see results of the drilling in December. This will be one hell of a christmas present for those that got in.
They went looking for $6 million and got $25 million in 3 days. This could be $5 by November and successfull wells, the $100 others said who knows, just may be.