Well Clarky,
If Spikey Beach is a wildcat exploration well and it turns out to be sour, well there goes a hell of a lot of our cash.
Because, to drill an offshore well, any offshore well for that matter it take megabucks to do it. (From one of DLS reports from memory, upwards of $35mill).
I hope that it is a good one. Otherwisw the way we are going with the cash burn, we will be going cap in hands again or selling something else very soon.
Please DYOR.
Buddy
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