with current interest rates and the potential for worse, I think its probably better to do a portion such as 40/60 capital raise/debt facility. Should be a better time to raise capital in like 6 months once commodities run but capital will be tighter then too. Should get results back from Bowdens deeps, Bowden shallows at the nearby seismic survey identified locations and at Barabolar by then. Plenty of time still to progress to Financial investment decision (FID) and beyond.
SVL Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
