Back to the original question, given the purchase is fully...

Back to the original question, given the purchase is fully funded and earnings positive from day one they will still go ahead with the purchase.

If there is a shortfall then what happens would depend on how deep the shortfall is.

Post purchase KEY would have $2.5m in the bank with about $1m of that needed for this quarter for administration and exploration costs.

So if they raise $2.5m or above then I would expect they would proceed with the horizontal well on the Lidsey field as planned. If the raising is $3.5 or above then I would expect they'd go ahead with work on both fields.

Personally I can't see the shortfall being even close to $1m so I expect they'll have sufficient funds to fully implement their plans for the Lidsey & Brockham fields.