Yes, agree about STO.
Its a lot of money they are investing.
Our max contribution (for our 20%) is $65M.
STO's portion is $260M in one year for those 3 drills. That is a Massive Investment in One Area.
This shows you the commitment they are prepared to undertake.
Furthermore, one should note there is an option for a forth drill (probably why we are raising $50M).
STO certainly recognize the potential here.
And actions speak louder than words.
Ann: Placement to Fund Expanded Appraisal and Exploration Program, page-59
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