I think any capital raising should logically coincide with the drilling of the Enterprise well.
It will be a lot easier to satisfy any "cornerstone" investor demands with a re rated AJQ share
price on the basis of drilling success/outcomes similar to Beach. Hence, the prospect of having
to issue only around maybe 500 million shares as against billions as it stands at the moment.This
would make far more sense given that there is an estimated better than 2 in 3 chance of success.
Cheers.
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