Per last podcast with Trent, initial development for Voyager is looking like a bit over $3m USD or $4.5m AUD for 4 wells. This combined with normal cash burn looks like some kind of CR is necessary. If there was a way to do this without, I'd be very impressed. I do think we need to factor in 10% dilution though before we are truly off and running...so close to being able to squeeze by without... too bad!
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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