Yes i have read that Gassed...also read many things many months ago that never eventuated. Also read the $2m debt funding was for testing completion of A5 well. Guess that didn't occur did it?
Any funding scenario won't help the share price. Equity ? won't help share price. Debt ? How will they repay it ? You are looking at a new company / recapitalised and with new prospects ... i can see the 'carrot' being sold in the prospectus re: A5 production imminent.
Taking a punt on logic, page-61
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