RE: Tiptop/Tiburn...17 Jan 2019 22:57
Only issue with this is funding... id prove Djeno, good or bad then use what we have in the bank to upgrade R1/R2. Seawater injection etc wont be cheap...Once we have production up to 500+ bopd we have working capital to fund any new wells or exploration. We dont want good news to be followed by funding issues every time. Also want to be self reliant that way any majors looking at getting involved know low ball offers are pointless. If all that below is to come to frution we will need serious capex.