Dargie,
I am not convinced they will looking at cash on hand, operational cashflow and undrawn debt. Pretty hard to know as an outsider. My best est. was that they might run close around mid year, but then assuming Maari ramp up going well whether it's debt or equity a small amount should be pretty easy by then.
It will be the cost of drilling the exploration wells and the last water injector at the end of the drilling program which might stretch them. But it should be a machine by then (albeit not printing anywhere near as fast as the drillers burn it).
It's the remaining technical/weather risk that could bite imho.
EL
this is huge. 35000 barrels oil per day., page-26
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