RE: RNS Merlin-2 Operations Update6 Dec 2021 10:05
Yet more dilution, but necessary. Will more dilution happen? Given the cost of last winter's calamitous drill, I think so. Always good to come out of a drilling campaign with plenty of money in the bank. After all, if this drill fails to deliver, the SP will collapse. And raising money on a very weak SP is horrifying.