MMR 0.00% 0.4¢ mec resources limited

More than enough funds for first drill lautrec and copy this...

  1. 3,746 Posts.
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    More than enough funds for first drill lautrec and copy this from a recent post made on BPH thread -

    comments received last week from a broker covering BPH:

    o Likelihood of commercial or technical success from drilling is increasing from the convergence of different sources of analysis

    o Well will be drilled October. Likelihood of delay is neglible as Exxon has no further rights to extend

    o All major contracts have been let in relation to drilling

    o Completion of Advent capital raising is expected within 3 weeks and before the closure of the rights issue.

    Good times ahead for all PEP 11 holders IMHO

 
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