RE: Funding for Drills?19 Jan 2019 16:06
Pretty sure the TA wells cost £500k each and we have that cash in the bank, we also have far more than that as income per year £10 million or more, so we can drill TA no problem at anytime but obviously the longer we leave it the easier it will be on cash flow. So as far as I understand it, it’s just time and logistics (rig movement) slowing us down not funds. In my opinion.