pathfinder reserves backed debt funding

It'll either be debt funding or a JV. Its in their interests and ours to establish on-pump production figures and QUICKLY! Cottee's put his apricots on the block when he stated that the preference was either debt or JV. In reality the MOST IMPORTANT activity that needs to happen is the 2ND PATHFINDER well.

They ONLY need enough cash to do the 2nd Pathfinder well, I'd be very surprised, ney, astounded, if, when all they have to do is (COMPLETE) PF 2 and LIKELY replicate a 400 BOPD result, they go the CR route. Cottee will bung this on his VISA, you wait...

Anything's possible, but frankly it never ceases to astound me that despite being confronted with prima-facie evidence of intention, the nellies set start donning their CR helmets.