I'm not worried about a CR as these points were addressed in...

I'm not worried about a CR as these points were addressed in recent broker presentation:-

*Plan to monetise or farmout Paradox /basin
(together with current cash at bank Paradox sale alone would fund the drill IMO)

*Plan is to farmout part of the cost of drilling the first well
(depending on deal struck well costs could be cut significantly and cash at bank could cover remainder)


* Failing above if SP starts trading at near or above 3c range excercising options could also be an alternative to raising extra cash but as I said SP will be a lot higher than it is now before this happens so nothing to worry about yet