The issue here is not if there is oil, or if it will eventually be extracted (they will iterate towards a solution soon enough)
It is really an issue of when the cap raise will come.
Looks like they will have another crack at Seale, raise and do Tealing or whatever it is called.
A farm in/ debt deal would of course be much better, as a cap raise a 2 cents would be dilutive to say the least
However I am confident in the company
