Yes its quite interesting.
Got to be some money raised because all this drilling will not be cheap and I am thinking one of the Lads has tipped some $$$ in on a form of a loan to get things kicking.
Yes agree its very good to see action at GAS happening because we had no news or developments for a while.
We just need these 2 laterals to come up trumps and show just how good it could all look at Rougemont if you punched in another 137 of them like they did at Arcadia.
Late August we were informed that they had sourced gas compression and transport equipment as well. Where is the cash for all that?
So I would think at GAS they are need of cash boost in a hurry. Tho the BIG Boys behind all this are not exactly skint.
My take is there will be some cash raising as well as a "Strategic Investment" OK so they are saying for GAS it is a - "relating to the gaining of overall or long-term advantage" type investment which will no doubt be related to the development of our gas field.
GO GAS
GO TEG
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