This optional monthly payment program, called Fidelity Smart Payment Program, uses quantitative analysis to determine a schedule of annual target payment rates, with a goal of not running out of money before the target date is achieved.

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That is why it does not affect us if our breakeven target is 12 or 18 months behind schedule.

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The stated schedule is that all equipment will be received in November and the target date for perforating and testing the well is mid-December.

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The target date for completing the sale was September, but the privatisation is already behind schedule after the deadline for potential bidders to express interest was extended by three weeks earlier in the year.

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