Ann: WestSide to acquire Dawson Seamgas gas field, page-2

re: Ann: WestSide to acquire Dawson Seamgas g... Talk about a bolt from the blue (for this non insider gossip receiving mushrooom anyway).

"Gas reserves of up to 62 PJ (1P), 212 PJ (2P) and 514 PJ (3P) to be acquired"

- 50-80 million cost quoted depending on % of rights
- cash on hand 20 million as per Sep quarterly
- est outflow for next quarter 3.9 million = remaining cash now should be around 16 million. So what are the financing arrangements going to be?

Any experienced gas punters care to comment?