Uninspiring.
$5M CR to bring existing wells to production and OEX to cash flow neutrality - so we're not bleeding to death.
Scant mention of approval process, yet to be commenced, to engage JV partner (Indian gov't) for the 4 well drill campaign in 2015 - negotiations likely to be protracted going on past experience.
And nooooooo reference whatsoever of sourcing funds for the 4 well 2015 drill campaign.
I'm bewildered.
I seriously expected Ron to come out with more on funding the next well(s), 78H etc.
Canning? has fallen off the table completely.
Sentiment ....... lost for words.
While I appreciate your company here, the sooner I can get out the better - at this stage just praying for a pump and dump.
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