I think the idea of cash problems comes from rumours, but I guess that CIVC has helped out with cash for their extra 0.5 interest. Some are saying that a private placement is imminent to raise more cash. I doubt it. I think the three partners have enough between them to cover costs, and SPEL has a sufficient percentage interest to strike further deals with the other partners.

How much more can this last stage cost anyway? Then, if oil is hit, I don't think funding will ever be a problem again.

Regards

Dunnock