Para, they run out of cash mid year given current commitments.
look I could be wrong but I go on my instinct from discussions I have with the executive team.
What price it will be done at - got know idea. Not worried about the price.
Just worried about where we are at the end of this year. Hopefully reissuing upward revised 2p targets for 2010/2011.
Then ESG/Gastar can talk equity stake sale to take the company to the next level.
HGO of course may be the fly in the ointment, whereby they are given an offer they can't refuse for their stake.
Then that will be the start of the end.
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