Ann: Otway Basin Update, page-8

Very disappointed with the management for not being able to secure any deal to progress TDO in current "gas shortage"climate for the last 6 Quarters. (still negotiating - months after months and after months and after months and after months - can't disclose it is on confidential terms)
For whatever freaking reasons, whether it was high / unrealistic expectations or greed or lack of business skill or just a muppet with no idea / understanding how business works, it is simply unacceptable.
Many investors with their hard earned cash simply can't wait for another 2 to 3 years for something to happen, lost opportunity and despair to many simply unacceptable.
Simply can't understand the rationale to do more 3D investigations to the rest of the field (refer the note in the report - subject to funding - that means currently no cash to proceed).
Priority should be secure funding or secure strategic partner(s) to drill and prove Flannagan first.
What is the point of doing more 3 D , this appears to be a time buying exercise to collect a few more pay cheque for themselves ?