I will forgive you as maths is obviously not a strong point of yours but at a $165M drill campaign in which CUE would be required to stump up 15% of 2/3 approx. you are looking at about $16.5M. We have double that and more sitting in the bank and by the time wells 2 and 3 are drilled (if drilled) we will likely have more than $50m cash sitting in the bank.
I don't doubt that MEO are the best exposure to Artemis but we probably all knew that but it is high risk high reward and that suits some and I hope it pays off for you but lets try to keep things a bit factual.
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- predictable. all very predictable.
predictable. all very predictable., page-7
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