... and he reconfirms it at 16m15s where he says (in response to a question around funding; the $5M cash on hand and managing the working capital):
" ... there is obviously a lot of reimbursable costs as I said earlier that come about when both .. when the Santos deal and Total deals become unconditional ... that is condition precedents have been satisfied ... and clearly obviously the ability to charge for work you do on the JV will help ..."
"... there is therefore some money that is coming in ..."
Hope that helps those who thought that there would be no cash injections as a result of these deals.
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... and he reconfirms it at 16m15s where he says (in response to...
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