Until FAR have producing assets or sell assets for profit (Gambia farm-in) they will need to raise and spend money and this is totally expected Cujo.
Waiting till the last dollar runs out would be poor management, they should raise capital as required to invest in value accretive activities like ....... exploring for hydrocarbons, securing prospective acreage etc.
I think Cath Norman will be very cautious about discussing unconfirmed activity, but if those opportunities pop-up next quarter and are exploration and appraisal on prospective acreage then I am fine with raising the funds as required. Just so long as I'm not excluded and diluted....
Caths Email - Great Responses, page-62
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