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.
Ann: Quarterly Activities Report and Appendix 5B - March 2023, page-10
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