Funding will be expected soon11 Jun 2024 12:24
Can you explain why this looks way too low?
If they can't produce a commercial amount from this well?
Isn't a payment due soon?
And I'm sure they will need more for working capital going forward.
"the Company has an outstanding payables position due to a small number of contractors - of this, approximately ?1.1 million (net of VAT) is due prior to the end of April 2024 with the balance of approximately ?1.4 million (net of VAT) due between May and August 2024 and** expected to be funded from production post side-track**."