birch 3 flow rates, page-22

It all comes down to how fast you want to progress. If patient then all exploration can be done by cash flow.

Lets say the Birch #3 flows at 200 boed, income per day 200 X $92 = $ 18400 pd, Pathfinder wells both flow at 800 boed 1600 x $92 = 147200 pd thats $165600 pd, $ 6 mill cost is 36 days income, How long does it take to drill a well, this well adds to the income and so on and so on.

we already have enough cash flow to pay for Admin etc, and I know there is declines in flow etc, but it can happen.

Also, income can fund borrowing.