I had not looked into seabourne frieght  @Kalenn Dont know about...

I had not looked into seabourne frieght  @Kalenn 

Dont know about a big dilution @gadgetman im confident there will be suitors wanting to get involved in various ways but yes i believe $200M (anyone else have figures on that?) would take us comfortably into production..... I agree there must be some dilution next year how about a 50/50 split CR dilution/finance that would see us ramp up into positive cash flow in 2-3 years tops...... Dont forget what Tolga Kumova’s oppies are priced at so a CR could be way way above current SP.

How that 200M comes to fruition is yet to be ANN of course and there are many scenarios possible, i do hope the SOI are not to watered down and kept well under 1B and i mean well under.... There will “Most Definately” be Finance deals thrown at this Project however the terms will be critical and hopefully minimise the dilution which i personally am confident of at this time. That could change and we all expect some sort of small CR at some point mid next year perhaps as we start to run short on cash towards the end of this current drilling program that continues into the end of the dry season.

All IMO and the BOD could throw us a curve ball at anytime with a lot of drilling results through the next 6mths and or offers of Finance etc based on those results........ Who the hell knows what will happen but rest assured IMO something good will happen im sure based on the size of this resource........