As pointed out above, Anschof 1 well cost EUR1.8mn (A$3mn) -...

As pointed out above, Anschof 1 well cost EUR1.8mn (A$3mn) - plans are for 2 more dwells, so EUR3.6mn (A$6mn)
Welchau well budgeted at EUR3.8mn (A$6.3mn)
Anschof production facilities perhaps EUR2mn minimum (A$3.3mn)
One uncoated gas exploration well
In essence, dreams of spending more than EUR8.4mn (A$15.6mn) just on their Exploration & Development spend (plus maintenance capex at Z&G, green hydrogen, geothermal, CCUS, Romania, Italy, ...)
Cash at end of March A$3.4mn (EUR2.1mn) not all available for Austria (some in Romania entity)
Commitments from Welchau farming EUR 1.9mn (A$3.1mn)
New debt A$1.5mn (EUR0.9mn)

Total cash available ~EUR4.9mn or A$7.5mn
They have a lot more to raise to be able to do the scope of work they discussed with Loan Notes press release.
The only positive of the notes is that the attached warrants imply the usual optimism of future share price, past disappointment on option exercise has been forgotten.
So, will they be able to carry out all the planned wells and investment? will the wells be successful? and how much of the upside will be farmed out to achieve the spending program. Just the usual questions.