Conservative Balance Sheet (no Debt)Zero reported debt materially reduces refinancing and interest-rate risk for an exploration company. That conservative leverage profile preserves optionality to fund programs via equity or JV deals, lowering near-term solvency risk and supporting sustained exploration activity.
Clear Funding And Monetization PathsAs an exploration-stage firm, the company has durable, industry-standard mechanisms to finance work: equity raises and partner farm-ins or JVs. These structural funding options provide multiple realistic paths to deliver exploration programs and de-risk projects without operating revenue.
Focused Asset Base In Cobar RegionA concentrated portfolio in a single, defined region concentrates management attention and drilling capital, improving the odds of material resource definition. A focused asset base also simplifies joint-venture negotiations and targeted technical work, increasing long-term project optionality.