It's good to have cashflow that hedges against cap raising, especially in current market conditions!
Anybody have any ideas on what the proposed late 2023 Kiwi 1 well completion might cost?
Without anything significant they're only stashing $300k in cash per Q, and have $1.75 million in the kitty. Is that enough to complete Kiwi 1 without a JV partner or a cap raising?
If this gets up within 2023, is this the funding source for PEL182 drilling work? And assuming there's no buyout of that tenement prior by STO.
BAS Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
