We read it differently then - page 10 last bullet point - expect to have RBL facility in place $15-$20M with additional future capacity up to $50M to use for acquisition and future US well costs.
Also pg 1 of the announcement 5th sub bullet of 2nd main bullet.
I read it as that RBL of $15M funds the 1st 2 EFS wells.
I'm not being rude - I can't read your mind - the definitions of PDP, PDNP, PUD and then onto 2P etc are standard and yes its simple. Did I not point out it out as PUD? Like I said before I'm not going to get into a pissing contest with you.
NSE Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held