A lot of questions still remaining......always will be for us on the outside so to speak.
This being said, the CR which may be earlier than expected does 2 important things IMO
1. It does fully fund us through this first appraisal program with some cash up our sleeve.
2. It will demonstrate to the JV partners that even though we are small by comparison , we have the ongoing financial support to continue on in the program as such......which no doubt will also be watched by possible T/O suitors.
Should they have raised more .....maybe so but the current 40 million is sufficient to get us to a point of confirming commerciality etc ......the rest should not be difficult to raise if required on the back of good results.
An appropriate raise in my opinion......
Happy days ahead !!!
Trev
A lot of questions still remaining......always will be for us on...
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