Financing, what a foolish topic right now, Badabing.

A NR stating why MEO would want to spend $30-40 million on drilling the next 23 wells, would raise the price to such a level that the share dilution would be minimal. Or, after the NR, MEO could put the existing wells on production, and have enough money, within a month, to drill the 23 wells out of cashflow.

I'm sure insiders would love to gorge at the trough, suching back more shares at 10 cents, but I can't see that going over very well.