I think that block 07/03 will be producing, the sale to Premier is based on that happening, and reaching certain milestones contingent on what they find in the appraisal drill, and at Silver Silago.
I dont htink it would be bad if PPP increased their holding in this block at all, it would give them a producing asset, and income.
I agree however that there is no value attached to the SP for this asset at all, it is as if it does not exist. The SP is less than the cash backing.
Lord
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I think that block 07/03 will be producing, the sale to Premier...
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