This report still does not provide enough information.
CNG Project was to take 6 weeks with first gas immediately thereafter (18 July 2023 presentation).
This quarterly includes as a highlight that preparatory work is now complete allowing company to be ready to immediately commence construction.
However when you keep reading it will not commence until funding arrangements are complete. How much funding is required and what is forecast timeline?
Also need funding for additional wells adjacent to Rougemont 2/3.
Looks like existing shareholders will be further diluted by another capital raise. Management need to earn their keep by keeping the dilution to a minimum but do not like our chances.
This report still does not provide enough information.CNG...
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