Agree with TDA. Have seen these statements before. It's more like a protection clause so if something does go belly up "we did tell you in our half yearly report".....
Wouldn't be too concerned, as TDA says a farm out partner will fix any funding issues. If a farm out doesn't eventuate, then they will have to raise funds to go it alone for now.
In regards to the drill rigs Delboy, they did state this last year that they would sell the rigs, as they will have a different set up for production anyway, so a farm out partner will have the assets required to pump this black gold out of the ground.
Still have the Champaign on ice ! GL all....
GGX Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held