RE:RE:This bulletin board has the most !diotic posts I agree its not insignificant. It will take time to clear their accounts though. The drilling/completion/tie-in and payment process have a lot of delays built in.
Working capital can get really screwed up.
as mad as I was initially at the size of the placement the company will have almost 30 cents per share in cash on closing. Not a bad thing to have in this market.
I already own it so now I will wait to see how they deploy the cash