RE:Why now?As I mentoned...they seem to be in a hurry to do something BIG that they hand not already had planned for using existing cash.
If they wait 6 weeks then do the raise (post PEA)...that is 6 weeks of time not actively persuing this BIG something (what ever that is...Drilling a Tllt Cove discovery I hope)...so waiting 6 weeks then closing after that...several more weeks before cash is in hand...we are looking at a couple months of waiting for the 6 million with maybe a million or 2 less share dilution...trade off not really a big deal IMHO.
I am anticipating a BIG program of some sort that the company has decided...LETS MOVE NOW AND WE NEED THE CASH ASAP.
If Tilt Cove drilling getting cash May 20 and moving NOW means drilling this summer (June start maybe)...if they wait 2 months to get cash post PEA (August start).
it has to be a BIG program of some sort that they want to move ahead ASAP.
What are you up to Kevin?