I dont think thats the case. That doesnt make sense either especially with as much heck as they are giving Terry Fields and co. over the terms of this debenture deal. I think the money will come from elsewhere for the evaluation part. Who knows though. jmo.
I get the feeling that the option is to either eat the $500k, or fork up another $500K and get the job done. We already saw from one's post that the land is worth a few million based on the value of the land around it. So once the seismic is done they'll likely be glad they did it.
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