future funding, page-5

Thanks Temp,
I got that from the ann last month(?), I guess what I was enquiring about was PES future to exploit it's reserves with a failrly light capital base. How far is that 15m goign to carry them?

-Do they plan to drill and sell off some gas to the domestic market so they can build a cash reserve to further exploit their resources.
-Put a cash price on it and sell the field off to a major?
-try and build an LNG train so they can reach export markets
-Seek a merger with someone like Arrow so they can take advantage of their infrastructure?
-Further dilute other shareholders holdings by conducting more placements.

Cheers,

SF