I don't think there will be any difficulty raising funds when we become Sundagas plc. The Sundagas guys have a lot of previous experience raising funds in the city. Also the two prospect will be supported by a CPR.
We won't realist until late March as I understand it.
Before that we need a 3 week minimum notice for the EGM when we all get to approve or otherwise the resolutions required for the reverse takeover and fund raising etc.
It will probably 2 weeks after the EGM when we realist - all subject to shareholder approval.
When the SundaGas guys (Dr Andy Butler and Paul Ebdale) were at Mitra Energy they had a London based chairman that was managing the city based financing. Its possible that a similar setup will be used temporarily or permanently. In any case the SundaGas prospects being brought to the party far outweigh anything BOIL bring. We will be in a marriage of convenience for all parties.