i dnt think yr figures are correct my friend -
kik raised 10million for its 40% share - funds raised purely to fund the drilling - nido has 60% share - need to have $25million to fund tinaldo ..dnt see how will they raise funds.. they just cant use the 9million.. they have other expenditures as well..final fid will tell how but surely equity raising in on here..im not sure if i should sell and wait on sidelines but pa yr comments regarding capital at such depressed levels does make sense..why raise capital at such depressed levels?
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