NJOM3 funding in place?14 Jan 2021 12:18
Looking for positives and reading 'between the lines', perhaps Duncan Rushworth has secured the remaining funds for the drilling campaign, after all;
"The purpose of the Shard Facility, Pegasus Extension and the Subscription is to cover working capital while the Company finalises funding arrangements for the drilling of the NJOM3 well on the Thali licence as highlighted in the Company's 20 August 2020 announcement".
Also, we now know ALL equipment including 'long-lead' items ARE still in Cameroon and have NOT been returned to their respective vendors.
Perhaps even the ' Drilling Rig' contact may have been secured.
Hopefully we just need the 'green light' from Covid/vaccines.
ATB