So the video has got me thinking,
CFO says that the cap raise has significantly derisked development.
Reading between the lines, I think he is saying that based on the offers they currently have on the table, they have can make Dorado work, even assuming Apus is a duster.
But if Apus comes up trumps then we get to FID on our terms.
maybe I’m too optimistic. But I hope not. If that is the case then Ill happily swallow the medicine regarding the distasteful CR.
News: CVN Carnarvon Energy Will Issue 234.8 Million New Shares At A$0.30 Per Share, page-41
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