Just revisiting this. It would seem, assuming they don't take an extra million from shareholders in the spp that we will still need about 6 million AU to fund our share of drilling costs with back costs, cash on hand and the 5.5 million raise. Given the relatively small amount, 6 million, I am wondering what the thought process is?? I can't put my finger on it yet but IMO its either a cornerstone, another farm in partner maybe?? or am I reading the tea leaves all wrong and it will be a placement to insto's after the seismic drops?? Interesting few weeks/months ahead!
IVZ Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
