How can they provide funds for development before they have reached FID? They will have to make an effective decision to proceed with an investment before allocating capital.
If you go back to JKA's AGM presentation, there was a timeline page and from memory, the block went from Q4 into Q1 2014. All that was stated in the letter was that funding for Aje would be required in the first half of 2014, which I guess the expectation would be FID would be reached during Q1 (I am thinking Jan here) and financing can be arranged from then, It does depend when any rig can be tendered for but we shall see.
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