"This catalyst has generated an uplift in asset value that could...

"This catalyst has generated an uplift in asset value that could be released efficiently through a sell-down. The key parameters for such divestment are anticipated to include: Central to retain a majority interest; Central to remain as operator; and Attract a fully aligned JV partner with financial and technical capacity.Based on indicative discussions and market approaches to date, combining a sell-down of operating assets with a farmout of the CY2020 exploration programme could generate significant interest from the market and allow Central to fully fund the CY2020 exploration programme and make a substantial debt repayment. Releasing asset level equity in this way could be more value-accretive for shareholders than other funding alternatives for this purpose".