When I spoke to DC in Brisbane the other week he was very clear that there will cash in the bank at the end of this process. The product extracted will cover the loan and put money in the kitty for the next lot of drilling. Our best guess on profit still comes from DC's performance rights details, 10 mil if I remember right, I'm still expecting that until it's announced different.
PIO Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
