announcement out, page-26

Smart,
Range have negotiated a new 20mGBP DD facility with First Columbus and drawn 3.5m GBP from that.
What do you suppose has happened to the remainder of the DD from Dutchess as there is no mention of that.
We have been in a DD scenario for quite a length of time and I for one was of the opinion that we were drawing those funds and that there was an extension negotiated with Dutchess.
There were plenty of takers at 17p for the placing because there was an oversubscription and an additional 5m GBP was placed. In total 25mGBP.
This gives me a good feeling by the way.
What I am wondering is why Dutchess was not used for the 2nd ELF of 20mGBP.
Does First Columbus offer us a better deal?
Does this mean that the funding companies are tripping over themselves to finance RRL/RRS. It bodes well for the future IMO.
Smart I remember you doing an SP prediction for RRL soon after the HE results were announced for Georgia, can you please do those again with the new oil prices and T&T at 100%.