We are literally on the cusp of some very significant and long...

We are literally on the cusp of some very significant and long overdue ann’s…..like within the week, if not days. Their are two camps on the extra finding required….

Farm-in : Cluff option to expire soon, so we will see it either signed off, offer bettered, of completely struck off. It’s a good base rate, not the worst deal. We quite possibly will see others throwing their hat in the ring soon too….see recent Twitter posts re. UAE, Albwardy….

Go it alone : a raise around these levels will not be overly dilutive when considering the size of the targets, SOI would remain under 1b.

Catalysts include, seismic update, new lease grant, 2nd well contracted, psa signed etc, plenty to come in a short timeframe.