The DD exercise has likely blown out considerably, will find out in the next quarterly. Would help explain the need for the recent bridging loans for a start. A few people on one of these threads suggested possible excess was to be put towards Northern Ireland. Should there be some good money in the kitty once in production I'd probably prefer to see an on-market buy-back of shares, to help negate some of the necessary dilution which will come with funding. I wouldn't expect considerable efforts to be going into Northern Ireland anytime soon. Always thought that play was more of a hedge anyway.
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The DD exercise has likely blown out considerably, will find out...
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