Ann: Acquisition of discoverd oil fields offshore - Timor Leste, page-23

Yeah, the way i see it is they need 3 years to generate income - we will need a couple CR to keep us a float until then assuming nothing else proceeds with our other projects.

I am not sure this was entirely a great project to buy, i mean the upside is high but we need cashflow to keep us afloat without CR - i would have preferred a project that is already generating cashflow (see HZN taking a piece of Meerin) rather than a raise to (1) buy the project and (2) drill/exploration costs. Ill ponder more about this over the weekend i guess