OTCPK:WSRLF - Post by User
Post by
Danksauceon Oct 31, 2014 10:25am
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Post# 23081288
Rights
RightsThe rights make sense whether they're worth anything or not. By exercising them, you are supporting WZR directly. Instead of paying 0.65 to some bloke, your 0.65/share is going towards financing WZR operations. So if you have a choice of buying on the open market and exercising rights, I would exercise rights.
Now is probably a good time to up positions. Approval of the field development plan with subsequent production of 10kbopd, testing results for Hasira, and spud of K4 are on the immediate horizon.