Just noticed this paragraph10 May 2022 16:48
This means that the Placing will allow for the drilling and development at Cinnabar and, based on a successful well, is expected to provide sufficient working capital for the next 12 months.
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12 months if successful ?
Then what ! I think we were told existing Texas would provide the production we need to stay afloat !!
So cin is just to keep production to keep up bobbing !
My opinion
John Barr this needs clarification