Continuous disclosure obligations are not optional. Even if they...

Continuous disclosure obligations are not optional. Even if they are “ boring”. Results from processing the 3D seismic on Yukon Gold acreage have resulted in a reclassification of an asset from “lead” to “prospect”. While it may not be a material distinction in the grand scheme of things (90m bbls from a total of approx 2,800m bbls nett conventional to the company) is nevertheless material to our Yukon Gold play, and hence necessitates an announcement. Indeed it may also be considered material to the overall company at this point in time, as it significantly advances another iron in the fire. That said, I understand that it is the ASX that determines whether the “price sensitive” label gets slapped on, not the company.