In the final 10-15 minutes, Scott actually spoke about other sources of funding. Sounds like pretty firm options and loved hearing it
- African Bank funding/Debt facilities
- Pre-payments from End-users
Possibly a 20-30 million cap raise post results to get them to the flow and 3d seismic. Then they do a mini-production unit to get self-funded.
Then 2-3 more years of appraisal/exploration and sell off to the big boys for $10yes please happy to sit around
JRI Fireside chat with Scott Macmillan Tues. Nov 28 @ 9:00 Perth/12:00 Sydney, page-242
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