Post by
frankman on May 11, 2022 4:31pm
J hope they avoid-another cheap financing
It has been two years waiting just to get a deposit on this rig. which is still in Romania. The last raise was for SASB drillin two months from now. Start the program first then maybe the 60 mil .45 cent half warrants will lend a hand.
Comment by
Humanist on May 11, 2022 7:35pm
If i was to guess frankman, it will not be possible in this mkt. thus as you said the shorting. you know what they say buy when the blood in the streets. so i think theyre shorting now, so they buy at such a cheap price
Comment by
frankman on May 12, 2022 9:14am
Don't be shocked when a pp is announced. All the money they raised during the last financing is needed to complete the SASB program. Anything else will require more funding.
Comment by
jrk8888 on May 16, 2022 9:07am
I saw in a short interview that they were looking for a partner to fund the exploration work in Bulgaria. I certainly hope they don't do another financing right now. I imagine as Trillion gets closer to the July spud date interest will really start to pick up here and the .45 warrants will get exercised.