Pg 11 of the Demerger Doc:After the conclusion of the...

Pg 11 of the Demerger Doc:

After the conclusion of the restructure to be undertaken under the Demerger Deed and any adjustments made under
the Scheme Implementation Agreement, Talon is expected to have cash reserves of approximately $8.8 million if the
Acquisition Scheme is not implemented or $7.8 million if the Acquisition Scheme is implemented.

So $7.8m starting point + say $15m Olmos proceeds - operating costs = say $20m to develop the new leases and/or lease & develop more.