hi blueknight. I'd suggest its alot more prudent to keep reading as much as you can about the company/its operations etc from the vast amount of public information the company has published and come to your own conclusions as opposed to getting information from the threads. That way you would be solely responslbe for your own judgement & decisions - as you stated yourself, threads can be highly unreliable!
Regarding the cash backing question - at present it has more than enough to stay afloat, just not drill. Though given the package and new partner/s I don't believe funding will be an issue to achieve next years campaign. Theoretically once the SP reaches the c.14.5c level the bond facility can be accessed again, however the stability of the bond provider is highly questionable and clauses within the bond aggrement explicitly state that should the SP fall out of the trading range for a specific period of time the facility can be terminated by either party.
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