Considering the estimated capex is supposedly around $30m, we'll know in a few months once Prelim economic assessment is complete I would expect an Off-take partner would be keen to pre-pay half that amount so $25 to $30m in a raise would fix us up nicely. Hopefully less than 25m shares to be issued if done above $1.
In that senario we'll have plenty of funds to DSO and drill next season with a few rigs.
AW1 General Chat, page-69
-
- There are more pages in this discussion • 4,017 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
