A little wary of these type of related party loans, so often...

A little wary of these type of related party loans, so often swapped for equity at a cheekily cheap moment, however in current circumstances perhaps the best option.

Seismic seems to me like money better spent than drilling atm, however this would be a better investment imho if we weren't dependent on an operator of such dubious capability.

More immediately I'd like to see every possible thing done to remove production bottlenecks. Despite the low poo improving prdn is essential to the credibility of this JV, it's not just about cash.

Let's see what the QR tells us about expenditure.

EL