"1) According to their quarterly the regulatory approval for the pilot well should be decided by the end of january. This leaver RG 2 more days. What happens if it doesn't happen?"
The decision is with the relevant government department. It is not up to RG. The DPI indicated that approval would be in a month...if they don't grant the approval by end of Jan, we have no choice but to wait...its not Gillespie's decision
The issue price works on VWAP for the 10 days preceding notice to draw down
Ann: 708 Notice , page-3
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