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Cash bonus contingent on FIRB approval.So effectively paying...

  1. wipz
    475 Posts.
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    14/04/10
    12:46
    Post #: 6571514
    Cash bonus contingent on FIRB approval.
    So effectively paying 100% of well (i expect the well to come in around 80-90m inc well test) to get 50% equity, that is more like it.
    I misread and thought that the cash bonus was contingent on successful first well so I stand corrected, thank you for that.
    I am still out until they drill A1.
    MEO Price at posting: 43.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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