RE: Back in to my Buy Range Company would like more equity cash in the Kitty, not sure if they want it from the 50 cent warrants.
Since the old reserve report values assets in the 70 cent range I would think that the company thinks those 50 cent warrants are too cheap. If they could get those $1.25 warrants exercised for about 3 million that would be less dilutive.
Got a feeling that even if the SP is trading below 50 that some of those warrants will be excercised anyway.