RE: Searching for a bottom... First, no 'dog and pony show' could have ever vaulted the SP (with any degree of stability) without drilling results. And although it was no surprise that cash was needed, the management team had gobs of time to come up with a better plan than to screw over those shareholders that tolerated the risks associated with Liberian politics. Also, there are already signs that this management team is going to merely sit on their hands and get paid while waiting for Exxon to drill in Block-13. Not a very efficient strategy!