imo, there is no point doing a GTEOB Entitlement if the Spasskaya project is not ready for exploration
please keep in mind, a GTEOB Entitlement can be done, retrospectively, for GTEOA holders at 28/2/13
if & when the Spasskaya project is ready, then, imo, GTE can assess their funding requirements & consider whether they want to slot a GTEOB issue into their funding forecasts
the last time, it is obvious they expected to be drilling & that GTEOA would be exercised when required
imo, the same considerations remain valid
good luck
GTE Price at posting:
15.3¢ Sentiment: None Disclosure: Held
