We do not know the cost associated with drilling 02 we can...

We do not know the cost associated with drilling 02 we can assume this will be half of the figure noted .... if this was the case thats $2.25M .... we know they will no longer have $800k cash noting costs associated with vali remediation ...... we know KBC are doing all in their power not to pay the residual $1.45M .... We know MEL are no longer cashflow positive ..... VEN are raising significant cash if they had a debt option presumably they would of taken it .... KBC are playing silly buggers with VEN i cannot see why they would fund the remainder of their MEL loan .... even if they were i would question MEL keeping a bedfellow we know is simply trying to trip up whoever it funds/ invests in