RE:RE:Observation - Ferret is an IDIOTUS Bond $300mil + Reserve Base Lending Facillity $610Mil + Corp. Facility $100Mil = $1.010 Billion debt facilities. No cash. They've spent $499.4Mil, thus they have $510.6 Mil. still to use if required. Their Peak Funding Requirement is $725Mil of which $499.4 has been committed, thus $725-$499.4 = $225.6Mli remaining commitment. Now stay with me here, they have $510.6Mil left in their lending facilities/bonds. They need $225.6Mil. so they have a $285Mil buffer. And that is not considering cash. So, no they will have no need to issue more shares. As well,in all of IAE's correpondence they continually refer to growing the company organically, by which they mean no more shares issued. But hey, you just keep on slagging this company. I mean why should the facts get in the way of you continually bashing this company. right. As for DeBaude, perhaps you should consider buttoning up your trap and try listening to him a bit and maybe try to understand what he is providing this board.