RE: RE: RE: Plutoenergy Cosmic,
Do you still believe the warrants will be excercised ? Over the past 2 years you were repeating over and over they will pay back their CCF with the warrants money. I was repeating you they could never exercised them because we will never reach that level. Once again it seems I was right and you were wrong. Now SJT1&2 are producing and the market is paying exactly my 3 times FCF or 2.5 times EBITDA.
They will need the CF from SJT1&2 to pay for the overhead cost plus casita exploration plus some cost of geysers. So will have no money for paying back the CCF. The only way for them to sort out the CCF is to raised money.
For all those reasons I don't see RPG over 30 cents in 2013 because they are cash-strapped. I see it more or less at the same level as today by he end of the year.
Once again you are dreaming cosmic