is $7.5 mill draw down enough ??

So we now have a draw down facility for $7.5 million.

Whoopdeedoo!

So we get this:

“More specifically, it is anticipated that the new
funding will be used for the fracture stimulation of the #5H well this month, the frac completions in
the Spraberry Dean intervals for the #1 and #2 wells, along with preparation work for the next round
of drilling.”

Then what?

I guess we’ll have enough to pay some rent at our lovely little establishment in Melbourne, pay some very generous wages, and a few other general running costs.

$7.5 million is SFA really.

Certainly not enough to drill and frac anything – is it ????

The way I see it, we’re going to need a larger draw down than 7.5 mil. IMO

Thoughts ??