Solid announcement! Great work Gary in getting this to the market!
NAE could have hit the CR button anytime to fund this drilling, instead they have secured another 3 months to get the funding by having it lent from our JV partner. It goes on to say that keeping 50% retention in the project is the intention....
So what does Gary have up his sleeve? Lochinvar anyone? Recent reports and the last video indicated discussions were progressing and to me sounded far more promising than in the past. Is there a deal (JV or sale) on the way shortly?
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- Ann: Positive Redmoor Study Results & Re-commencement of drilling
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