Valid points, however they do have the gas sales from East Wing generating some cash shortly from what was said at the AGM, i've come up with no info however in relation to how much cash will come in from given flow rates.
But you are right Mr Redbeard, a placement 3c or under would be very ugly. This time last year i was riding the MEO Heron drill wave, we don't want or need the same conclusion as that one!!