even highly positive well results wont be able to deliver sufficient cash flow or profitability to fund further wells without a cr
looking ahead 2.5-3 bilion shares on issue will deliver very little per share value to long abused shareholders
the structural financing of this project no longer lends itself to an economic investment even under the most optimistic future drilling outcomes
lost a packet x 10 here
Ann: Significant Helium Discovery at State 16 Well, page-148
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