Tom,
I just found this article on Petro Australis:
https://lta.reuters.com/article/marketsNews/idLTAFWN1N400X
it says:
"Oct 30 (Reuters) - Melbana Energy Ltd:
* Terminated deal with Petro Australis, which no longer holds right to buy 40 percent stake in Block 9 production sharing contract
* Termination due to Petro Australis not achieving pre-qualification to enable timely application to Cuban regulatory authorities"
Is this the same production sharing agreement that you are referring to above that you are currently negotiating?
Why were you not able to raise the required funds on this project?
Based on this, what makes you the right person to raise the required funds for PEP 11??
Tom, I just found this article on Petro Australis:...
Add MMR (ASX) to my watchlist
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