My takeaways
Hoping to get drilling started before Christmas, risk that it will get too close to Christmas and they won't get a contractor there until the new year but pushing for before. Permitting moving as required.
Reading between the lines, excitement to drill.
Have not looked at specific capital requirements of drilling yet in regards to companies position and ability financially to fund
Preference if capital required (I think we all know that it is going to be needed IMO) that shareholders get priority in a raise but not considered at this stage.
If/when go drilling, needs to be of size to get a decent program so we are not scraping the barrel and hoping for a successful hole on the first try. Needs to be large enough to have multiple chances of success and hopefully start to entice a large player to come on board as a JV partner.
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