"My guess is, this $140m will be with a strategic partner and a CR.You may get some forward sales to help out .... maybe $20 - $35million."
Yes I imagine something like that, if a strategic partner takes a stake it is effectively a CR the option as I have mentioned previously is a strategic partner taking a stake in the project which would come as a reduction in working interest, in many ways I would prefer this option...
Cheers Whisky
Ann: Phase 1 Economics Updated and Improved, page-45
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