On CEO it is stated that Hayward wanted $ 72 millionIt was stated on CEO chat room that clients of Hayward were told that their amounts would be cut by 50%.
Hayward had asked for $ 72 million in financing.
RECO only offered $ 36 million max.
Take it with a grain of salt as I am only reporting what was said on CEO.
This means there is a huge appetite for RECO but also is an indication that they already know that drill hole 6-1 will be a success.
No one is willing to throw $ 72 million at a companies stock without some sort of assurances.
mpo