Ann: Southern Cooper Basin Gas Project Operations Update, page-42

thanks @rexsh
Lets see what this CR brings regarding dilution. I hope to see less than $10m as @ 10c that'll be a 25% dilution, unless we get a chance to buy in! I guess the question is how much money have they got now and how much more do they need to get to commercial gas production?

My guess is they have around $3m left and require another $5m for Klebb 5 and associated costs. I suspect this will also cover the Demonstration Facility design and other well costs through to that company changing production. Then we get the partners coming in to cover future expenditure until gas sales start in 2018.

So a long road yet!