positive news, page-21

I don't want to jump the gun, but the biggest issue/fear we have now is the IG blocking the funding. We will initially use the 15% allowance under listing rule 7.1 but once we reach that we will need to either wait 12months for the 15% to be refreshed or seek sharholder approval.

15% is about $1.8mil at current sp. Not much. If sp falls then even less.

So now is a time for unity and IG to support GGP and this funding and hope it takes us to a better place. They probably don't have the numbers anyway so maybe it's only a minor concern.

Revenue will rise sharply once the wells are all up and running. Should open up more options including forward sales, jv, debt, etc.

Not a fan that the lease is extended month by month. Creates volatility. But they sound confident that will buy them 4months. Not sure why 4months? And what will happen at that point.