The key to being a success for most companies is being able to obtain finance when you need it. The consequence of not being able to can be terminal. Continuing to look after the people that provided money when the risks were greatest, at the begining of this drill programme, especially with the false start which put big strains on CEL's (actually SEY) cash supply, is probably a valid company preserving strategy. The new money is partly for the furthering development of Triple Crown, could be resource measurement or production related. Success with either will be good for the SP.
Less than a day before we have our announcement, hope there is plenty of meaty data in it.
Saltbus
CEL Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
