damn good announcement, page-3

Agree Presto on capital/funding announcement. Company has done a poor job on investor relations but has some goodies on project side.

I think they really need to finalise this round of drilling then they can monetise on Berenice with a reserve level resource. All of us will get significantly more value for waiting another 6 months.

A very good funding structure with optionality. With cash in the bank I wait for project news on a number of fronts. We are due some further announcements in this quarter.....