I wonder if the facility is has any debt covenants that tie to market cap?
I think once the facility is formalised EIG will help with promotion of the stock and get some backers in...
We may see a sp much lower till approvals come through. Wouldn't it be nice if hp took the 10m that is getting repaid and use it to buy on market- that will mop up all the surplus liquidity.
With both Pattersons and Goldman sacks report we face a tough battle on the sp front.... Other than that project fundamentals are positive and sound...
I think we are will shift over to buy territory over the next few months.
Good luck all
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