Revenue sharing13 May 2025 08:37
I quite like the emerging of funding via revenue sharing. We saw the 36-2R lateral go that way, CH has mentioned getting the gas processing plant up and running the same way and now we have this deal today. Ultimately, 100% of nothing is still nothing, so if it gets the cash flowing, reduces debt and dilution reliance - it looks a safer, good way to go. Debt is the company killer in my opinion, so I am pleased we're not loading up with huge amounts to repay.