Hi PW, In finance industry, they are not working on the weekend and public holiday.
We know, everyone is keen for the debt funding. They need to put the right expectation. My guesstimate is next 2-3 weeks, we will hear something.
If the debt funding term is not favorable, the company got other avenue, e.g. premium CR with cornerstone stakeholder, SPP, unsecured notes/convertible note, JV for pathfinder while retaining operator status, etc.
With repeatable drilling success, improve production and cashflow, the SP is ready to rock.
DYOR. GLTA.
Expand
