CND 6.67% 2.8¢ condor energy limited

Ann: Sale of Finance facility Shares, page-31

  1. 3,412 Posts.
    lightbulb Created with Sketch. 456
    It all depends how many holes they put in the ground. They won't need a couple billion
    They can drill and complete a couple then tie them in to an FPSO and CPF (which can be rented) and produce and sell gas while they continue drilling.
    They have enough money to drill and test this first hole and if successful, and they do need to CR afterwards, their SP will be many multiples of what it is now (less dilution)

 
watchlist Created with Sketch. Add CND (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.