Money will come from reserves based funding from a bank.. And with a 168% increase in 2p reserves from last update there are plenty of reserves to lend against.
This will be a material driver of the stock and with wells only costing $2m a pop they should have an extremely aggressive drill plan being readied for 2014.
Classic accumulation tactics going on yesterday.. Trying to drive the price down to $0.205 so they could come in today and swoop up 5 million shares.. Price has now hit a fresh 52 week high and I feel the buying has just started...
SEH Price at posting:
23.2¢ Sentiment: Buy Disclosure: Held