RE: PARTNERING Not Self Financing for Heron!13 Mar 2025 11:07
AGM Summary - Listen yourself!
FARM DOWN - Fast Track strategy is being followed with 3 Party Advanced discussion
- Cost Reduction in play until this (Advance) discussion Agreement complete - after which FAST TRACK DEVELOPMENT happen - so no real rush just to get 2 drill a year by own finance/ effort
- RNS say "TECHNICALLY COMPETENT" - What do you think? DQE/Petro China maybe lol
- Cash Injection / Development mean LESS FINANCIAL NEED on Petro Matad
- What was Petro China average DRILL RATE on basin?
- ARAB INVESTMENT Pouring in (whobflag thjs up - I forget!) LOL
- Also $1000,000 (net) inventory + alternative markwt route + Petrovis Soft Loan
*Think with Low Cost Measures until (advanced stage)PARTNERSHIP deal concluded Petro Matad pretty good without sillly placing threath! LOL