How are they going to pay for 40% of anything? Sxy have commited 50 mil for 40 odd wells to get to ~15tj/day. And they are pigging backing sto infrastructure and plant assets
Origin was spending 3.3 mil per well and field network connection, plus GPP costs plus main transmission gp costs. Albiet costs should now be significantly less
minimum spend will be 40% of 50 mil if development is to go anywhere.
I think we only raised 5 mill at the last CR. Coi will need a finance parnter. They might borrow as much as possible reducing CR dilution but id be willing to Chuck more in the tin if it came to that
How are they going to pay for 40% of anything? Sxy have commited...
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