06-04-2016, 02:35 AM
'calvin grad' pid='71418' datel Wrote:Could Phil give us the following plan.
Assume worst case. Certification of 7.2 T How much cash are we short to get to cert payment?. What is the austerity plan? Will you and the new management work on no pay, just options? Would we be able to make it by selling 5 million shares at 35 per share? At or about FID how much could you get for one third interest of EA. That leaves us at 20 percent Papua PNG, all of the FId bonus, all of TBR, all of recertification and other licences. This is doable.
Calvin - Would 175 million help to get your idea working ? Humm ....or is my 175 million bad math ? Phil , what say you .

