I am assuming they chose to reduce the drilling campaign to preserve cash, and they are in a very strong position with ~$12M cash in the bank at the end of September. I think they could get through 12 months with a slightly smaller campaign than this in 2024 if needed.
Obviously they will likely raise before then, but with this strategy, they get to choose when. I'm pleased.
I am assuming they chose to reduce the drilling campaign to...
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