RE: RNS anytime on Perseverance 13 Feb 2021 14:42
Over and above this revised estimate, the Company has also now scoped a further $3 million - $5 million of provisional cost elements relating to an expanded range of formation evaluation work, that the Company previously identified but that can now be undertaken at the Company's election in a success case, subject to capital availability (i.e. the identified cost savings mean, assuming accuracy, in a success case, that considerable additional work could be undertaken within the same $35 million capital "envelope" as had previously been estimated).