When SP was at 50c last year debt was the best option for cash (to do Umiat). With the SP healthier a CR is a better option (to do some new thing).
Some remote possibilities for cash requirement:
a) Gasifier 6 in Wyoming - if approval of R&D trial is imminent they will need cash to construct.
b) Exxaro project - if Linc want to participate in the project they will need funds.
c) Umiat - need to park rig over summer
d) Teresa - want to get it up and running?
e) Chinchilla to commercial operations on basis of QLD UCG announcement?
Lets see what pops out.....
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