Ann: OEL: Winx-1 Drilling Update, page-332

Go back and take a look at the 20th December announcement.

It says;

" Deadline for bids extended due to request".

I read that as per the request of interested parties.

All of those interested parties would have to have their own Geo's look at it, their own consultants look at it, their own business people look at it, etc, etc, decide what pieces they are interested in (if anything), what price etc etc. put their bids together, have their own BOD's sign off on it, etc, etc,

There would be a massive (there's that word again today) amount of information for anyone to digest and get comfortable with. Then, of course ,all the negotiations etc, etc.

Years ago, I was involved in the purchase of a very large shopping centre. From go to whoa was about 5 to 6 months. 60 days before having a definite signed deal with the Seller and another 60 to 90 days to settle it. All sorts of things had to be checked & we knew what we were doing. ( I think we did anyway)

Six months for this (with Christmas/New Year/ January ) in the middle is probably quick in some ways.