Ann: Metgasco Concludes Financial Exposure to SM74 Drill Program, page-10

  1. 6,693 Posts.
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    Agreed, there is more to it. In the short term we had 3.34 of cash and liquid assets at the last update. Minus 2.5 for the options and we have a decent shortfall at 30 September when up to 1.75 needs to be paid. Something will need to happen.

    I can't see them selling any of SM71 but it would be logical for us to swap some shares in BYE for direct exposure to SM58 if it is a success.
 
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