Capital Raising

Just coming back to a point raised in a previous post, the Company stated in its Quarterly Report:

"Petrel will continue to work towards an admission to trading on the AIM market in London. Initial plans were to raise funds on that admission. Continuing uncertainty in the London markets around Brexit mean that raising funds in this pre-drilling window may be less advantageous than ASX. Should complexities around Brexit mean fund raising in London is problematic then the Company will raise funds on ASX."

Reading between the lines, "initial plans" are not going to plan and they are going to be trying to raise money here in Australia,if they are not already doing so. Just sayin.......