From the last Trading Halt: "Triangle & Pilot have negotiated some timing changes to the payment schedule to accommodate land transfers.' From CT: "We are pleased to have negotiated a settlement timeframe for the sale and purchase agreement which will allow Pilot to secure the necessary finance." I believe Pilot have secured funding and I think we are about to get or have got $4.1M plus interest and settlement has been executed. One big liability removed from the balance sheet and that can only be positive. Looking forward to further drilling on our permits starting with Becos, I know company is on the lookout for other opportunities but the way I see it in the near term is that we couldn't get any better prospective acreage than what we have now in the Perth Basin, I believe that the availability of drilling rigs has also improved according to Strike Energy boss Stuart Nicholls, hopefully we can engage and explore & get some positive results. My opinion only. GLAH.
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