Assuming Porto cannot get financing, the contract signed with Galp, assure in case of default of one of counterparty the right of drilling operations to the other counterparty... so Porto will lose the concession

Assuming Porto can get financing in Canada banks or capital increase in Canada, i don´t know but it seems difficult for company because of credibility lost to investors, probable information leakage...

In my opinion is a "dead stock", management committed a lot of costly errors, now it´s too late