in the interview KA says the drilling of RGN will increase the attractiveness of RG to financiers and farmin partners.
so it sounds as though they are considering a farm-out of interest in RG ???
then he says that the RG project will support the raising of debt finance to repay ERM loan.
Further on it pretty much states that the ERM debt WILL be repaid via a new debt facility.
so am a little confused as to exactly what we can expect, but debt refinance to repay ERM is way better that a CR.
also sounds like a farmout of permits is still coming.
EGO Price at posting:
0.5¢ Sentiment: None Disclosure: Held