Musings from my pea brain laymans view.
We have 30M in bank. 12 M spend this quarter.
11M of that is exploration and evaluation so guessing that would be seis in oz, long lead items.
This week a decision is due on extension in The Gambia.
There is the extra 20% in The Gambia.
Possible farm down in the Gambia or Senegal.
PE is the Smokie but that will be too late unless timeframe moves forward so more cash needed by end of year.
Thing is there are options other than CR and without being in the know on various background shananigans and goings on we are just going to have to wait.
SC
Ann: CNOOC acquires 55.55% of Svenska's interest in Guinea Bissau, page-21
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