We have some money currently in the bank and have management have already been looking to secure a farmin partner.
I'll was glad to see that when management said there would be an announcement that there was one.
Now they've also stated that with initial success there will be "additional farmin interest".
That suggests to me that they already have the agreement details drawn up leaving an option for the farmin partner to control a greater part of the ATP's if the first hole/holes results are promising.
Exoma press release also suggests that the farmin partner will not fund the entire amount, so a capital raising may be on the cards too.
EXE Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
