Only a certified insane person would believe that a bank, any bank, would supply cash to a company, from another country, with cash, to drill exploration wells.
It would neve ever happen. Its got nothing to do with being negative its just reality.
I have zero doubt that when the time comes the African banks will be throwing money at IVZ or whom ever gets it to FID.I agree there are lots of ways to fund BUT from a bank for exploration wells will never ever happen. Revenue is the only thing that matters to banks.I have no doubt Jak that that is possible and probably likely but it will be bit players.
IF this is a massive discovery it will require the muscle and know how, that big oil have at their disposal, to prove it up and get it to development stage.
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I have no doubt Jak that that is possible and probably likely...
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