71 million shares We are the market and we set stock price - so when the company raises money to drill we get diluted. Do you think driling is free? What is bloody awful is that you think it is. Time for you move on.
The real question is it worth it?
From what I read in the press releases and the presentaitons is that the company has 981 Bcf and at the current market cap values the gas at $0.036/Mcf. So they are currently having NSAI do an audit on the Barito Blocks and if you calculate the net gas resource there from the presentation data they are looking at having as much as 9-10 Tcf audited and drilled this year. If we take current $0.036/Mcf value times 9-10Tcf you get a huge value - $360 m. Without the capital raise you get $0 value increase with it somewhere between $0 and $360 m.
If you believe in what they are doing then stick around if not sell and go somewhere else.