Offer, page-17

I wouldn't be so concerned about cash burn and capital raising.
Besides cash in the bank Dart have the next few year's UK shale development funded courtesy of Total and Suez GDF. And when/if Airth ever gets approved they will have cash flow from their gas sales agreement with Scottish Gas.

I can't see much to be on the fence about .. either surrender and give Dart away or hang on and see it developed properly. It might take another board spill but that's what Dart needs if it's going to be operatedfor the benefit of shareholders.