Post by
woolco on Mar 23, 2022 12:12pm
2nd Tranche of Financing
I was part of it....only got 50% of what I asked....hearing they are way way over sold.....
They for sure are now totally cashed up for all this drilling...with even a few million more over subscribed!
Once they announce...should be big for the upside we all bought into....
Should be massive!
Buckle up!
Comment by
hurko5 on Mar 23, 2022 3:10pm
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Comment by
commoditer on Mar 24, 2022 5:15am
The still need another financing hopefully at a higher price. I doubt they would take more than the 10 million CAD in this financing. Art would dilute his shares a lot if that would happen.
Comment by
frankman on Mar 24, 2022 10:09am
Unlikely. Increased oil/gas revenue from currently producing Cendere along with the one or both soon to be producing nat gas wells and any exercise of warrants could easily generate $16 mil.