Ann: Trading Halt, page-71

The question is how much cash do they need to get them to FID? Even more so now they have decided that a load more drilling is required.

These guys seem to suffer from what us engineers call "Analysis Paralysis", avoiding making decisions by constantly insisting more data is required and ignoring that fact that delay is often far more costly than making a decision on weaker data and having to make adjustments later.

We are all paying for the BODs inability to deliver to schedule by now having to raise capital at the worst possible moment. And by "all" I mean "us" as the BOD are not suffering (unless they feel shame), maybe they should raise the capital by buying in out of their own pockets at >6c... A placement to themselves, paid for in full in cash, would support the SP, fix the cash flow issue and leave them with some skin in the game. What do you say Peter and co., you must have a spare $5m down the back of the sofa?