3 DSU at ~ 6 times the maiden resource of $12m on proven resources as a guide
The motor is revving hard, conformation of drill funding will kick it into gear.... but yes when!
Stonehorse atm imo are the anchor, delays in time waiting must now be starting to cost over any advantage there was to another third party drillco.
Well bore funding via a drillco is the best way forward and the company plan is correct, however SHE either need to fund or part fund sooner than later.
I reiterate that the SP value remains undervalued despite the above opinion and that has every chance of being higher on determination of a JV well bore commitment.
Keep well cheers Paul
Ann: Two Additional SWISH AOI Units Secured, page-5
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