Looks like RIA have completed a CR as many expected to fund the...

Looks like RIA have completed a CR as many expected to fund the upcoming drillings and help with subsequent developments.

Generally speaking, I'm okay with this announcement for a few reasons:

1. Many (probably most) investors were expecting a CR. Now we have the detail, thus taking away much of the speculation of detail.

2. IFC is a reputable outfit. It adds a little credibility in a project based off/with a developing nation.

3. Any SPP overhanging the market would have killed SP growth leading into Ci-202 drilling. This is clean and quick.

4. Immediate funding for CI-202 is secured.

5. If IFC are prepapred to invest $20m here, it highlights (to me) that these targets are very much 'appraisal/development' wells than speculative wildcats.

Bring on drilling!
Good luck to all holders.