I'm not sure that NWE are fully funded for the drilling of the 2 wells plus the 3D seismic.
We were but this takeover bid has consumed significant NWE funds as per statements outlining the costs of the non existent defence and the transfer of shares costs etc. to the share registry.
I don't want to see us get into a situation like EGO where we owe MIN any money.
Ann: Lockyer Deep Operational Update, page-123
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