Hi Dino,
Currently they own 100%, not much else matters at this moment in time.
Plenty of room to farm down at each step and still end up with 25% of 5 bill bblls. They will be sitting at many multiples of where they are now by then of course.
May prefer to prove the 3D themselves, and do a cr and still retain 100% till we get a drilling partner.
So many options available, but 1st lets we see what the experts think of the volumetrics.
Regards,
TCG
25 cents, page-28
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