Is it just me and my wishful thinking but does this new rights...

Is it just me and my wishful thinking but does this new rights issue point to a bit of a foregone conclusion ?

I mean what are we being told the main intention for the rights issue is for ?
From what I can fathom it appears to be to make sure that QPN has the amount available to be able to fund its share of the additional 2.5% of the Amazon project well once it reaches the final critical stage.

Now does that not point to a certain level of confidence about the Amazon well ?

Okay, you always have to have a belief in the well you are going to drill. You always hope that there is a good commercial find of oil/gas down there for you to strike.

But is this going beyond just that hope? Is this getting into the area of super-confidence that the well is going to be very commercial.
So confident that QPN has to have the money in place ready to front up with once that crucial final stage is reached.

I think the intention to be in a position to purchase that extra 2.5% working interest in Amazon certainly seems to suggest that a positive outcome for the well is pretty much a foregone conclusion.

Or is that too big a leap of faith ????