That's interesting. 3 million pounds ($4.8m) used out of the drawdown facility. I smell that action is going to be taking place soon.
We're free carried on development for Trinidad, and Texas funds itself from cashflow (and costs very little anyway).
Options are:
- Georgia mobilisation. - Puntland mobilisation. - A percentage increase in Trinidad.
We have the cash in the bank to fund Georgia mobilisation already. We wouldn't need another 3 million for Georgia at this stage. So what's your money on folks? Extra 10% in Trinidad or Puntland mobilisation (both will cost around 5 million dollars which is close to what has been raised, assuming AOI have finally got their rig contractor sorted).
Something's happening anyway.
RRS Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held