RE:Did I hear Paul correctly when he said there's a possibility
Very coy on finances - I guess he will wait to see what the Cascadura Deep result is to decide whether to fast track (equity raise) or plod along (debt funding of development and Royston well into Q2)
Given how things went it seems Royston is planned for Q2 currently and no equity raise. Royston is also the only exploration drill left. In the event Casca Deep comes in we may see an equity raise and Royston fast tracked into Q1 along with more development drilling at Casca/Chinook Q1.
NGC will pay for all the pipe/connections for Coho and Cascadura/Chinook - so there is zero cost to TXP there.
Casca Deep seems to be the key event..........if its a monster and connected with Chinook then everything goes fast track imo with an equity raise....... and if its not then slow and steady and debt funding.
NGC contact looks to be late November news.......with Casca Deep results before Christmas.