Yes, aware of what they raised privately - but that amount is the sum total of what they have (which is why, I presume, that some of the brokers are pumping around farmin possibilities on that block). They will not list until next year, hence my comment that I think they will be careful (and not see the need to sidetrack or have any cost overruns). All they need is oil shows, to underpin their listing. My insinuation is that they will not hold up the rig (Sherritt#1) and it will be released back to Melbana pretty much on schedule.
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