What's next?26 Jul 2024 09:22
We now have:
- 30% of the funds required to get to FID
- Funded spud in September
- more than enough for additional drilling/testing.
Yes: it's at s lower level than was hoped for, BUT: once Megrez is done I fell that it's likely we'll be somewhat higher than today (gross understatement). This gives us far more leverage in negotiations for additional facilities.
14% dilution in order to accelerate access to 609m barrels?
I'll take that thanks.