RE:RE:RE:RE:RE:hhmmm.After following TXP closely for over two years and reading and re-reading and watching and re-watchin everything that's been made public for even longer, I don't like to see those two first words in that sentence below.
Given the significant delays of the future cashflow to finally start, I'm starting to worry there may be a slight risk a placing is coming.
Yes Pro, I know Paul said no more placings but he's been saying things like that before that wasn't true as you may remember so I personally don't put any trust whatsoever in any statements regarding upcoming placings and yes a bit of trust were lost back then I'm afraid and I'm sure I'm not the only one that believed in him back then just to see that NR a couple of weeks later announcing a PP !
Paul is usually very shrewd in how to use particular words and I just don't see why they would use this word ,believe, unless something is up here regarding this ?!
And the word anticipated would if further delays erupts regarding the cashflow be their carte blanche to go ahead with a placing I'm afraid.
Well, time will tell as always.
Now even hinting something like this would immediately expel me in any toxic echo-chamber group like that one over on Twitter, but not sure that's possible over here ?! LOL
We believe that available credit facility capacity combined with anticipated funds flow from operations will be sufficient to satisfy our 2021 minimum exploration work commitments, which include drilling the Royston-1 well and completing and interpreting the Royston area seismic program