I don't think anyone in their right mind would consider giving these jokers any more money, even if they say it's for a new venture/acquisition. One look at the cock-up they've made of their current venture would have potential punters running for the hills!
Their only hope of survival, imho, is to get the extension area, hope that it contains a decent quantity of recoverable oil, and then finance drilling for said oil from current cash reserves and any revenue from current production. A tall order? Almost impossible, I reckon. But any further call for cash in the foreseeable future will decimate the share price to practically irreversible levels. >/i>
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