Did the last CR mention the farmin with TEG? No, so some of that funding raised on 1st December went there.
In saying that the farmin with TEG was only announced a couple of weeks later.
I’m of the opinion debt funding hasn’t come thru therefore the only way was a capital raise. The cashflow from Wayerling is still away and again any delays push it back.
Is this what we want? No, but this is the game of O&G.
Ann: Trading Halt, page-84
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