A debt facility of only 5.4 million Euros meaning circa 16 million euros was based on the "significant" success of Gradizza-1. That is disappointing. Possibility of loan facility increase no doubt with more certainty around AR94PY. It is understandable why costs are trying to be reduced, possibly at the expense of hastening further production / exploration. Looks like another tough year with Bezzecca still some way off. No mention of Vitalba west, maybe the review wasn't so good. Good luck all.
debt facillity
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