We still have 800,000k in the kitty and potential to find...

We still have 800,000k in the kitty and potential to find somebody else interested in it. 800,000 should be enough to see us through well 2 and pay board etc in options.

I know its against the grain for me to have a positive spin on this project, but its as simple as these two outcomes as far as i can see it:

Well 2 hits commercial size: we either raise decent cash at 5-10c mark and continue campaign or consolidate with cash in hand with all eyes on flowing revenue from Spain.

Well 2 miss: we consolidate around 0.3-0.5c for a while until they raise more cash or go under.

This is a textbook example, we are sitting at ‘ point of maximum financial opportunity ‘ in below chart IMO, so it could go either way... and i would be very surprised if they do not proceed with finishing well 2 as speculated by others.

Theres a reason most of us here didnt sell in October, the projects profits are mouth watering.