gas deal done!, page-15

a couple of announcements in the right direction.

3 things:

More cash with the sale of the cooper permit.
Gas infrastructure - big tick.
JV discussion => sign up.

All good developments.

Let's see how much capital they raise with the SPP.
They should have COH 2m + 1m Cooper cash + 1m Placement +1-2m SPP.

~6m to take them through to gas sales and hopefully, not long after that, oil sales.

If the JV signs up, together with this agreement, the data must be better than the market thinks.

1/64th of an inch choke = +1mmscfd + oil.