Ann: $12.5m Raising to Further Development of Mis, page-21

re: Ann: $12.5m Raising to Further Developmen... A question to the more initiated among us! Why do we need to JV the horizontals? Can't we pay for someone's expertise to get the well in the ground then whatever we produce is 100% ours. I know previously it was a lack of funds that precluded going it alone. If we could have 3 or 4 Balder's pumping out 500 to 1000 bopd that would generate plenty of cash to cover the admin and also fund the verticals. Or is it not that simple?