Hi Mike
The CR was partly to strengthen the balance sheet (which definitely helps negotiations) but also to allow for testing at winx if warranted. And then bits and pieces for lease payments etc. A few complaints out there about the low price but would have thought that made it more attractive to existing holders... Anyway thanks for the support
The 3D is in its final processing sequence but the product from that is not necessary to make a drill decision. Is more for development if the drilling warrants it. 2D processed as much as we needed to in order to pinpoint the 3D. You can always do more but it is not cheap and take time so we tend to do as much as we need to and no more.
Cheers
Dave Wall
Managing Director
88 Energy Ltd
Hi Mike The CR was partly to strengthen the balance sheet (which...
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