FWIWIt will be interesting to see how quickly they run the share price back up and what the appraisal well results are. I still believe the appraisal well was completed weeks ago. You don't announce the spud timeline and then say they didn't have a drilling contractor in place or a contract signed with starting dates.
If the results are bad then that may explain why the share price plummeted so quickly from $1.10 to the .50 cent range. If the results are good then who is benefiting from cancelling the .90 cent pp and replacing it with a .66 cent pp with full transferable warrants and over allotments being handed out?
Did Bruce Campbell say the company would be drilling the "appraisal well" next or just "another well" soon [4th - 5th?]