Ann: Payment Extension and Appendix 3B x 2 , page-11

Well if he is going to tap existing shareholders he needs to do it quick as he is running out of time even with the extension.(prefered option)

I reckon if we just secure ownership sp will appreciate on the excellent drilling news and removal of uncertainty surrounding ownership of asset.

THEN he can do a good deal on funding development.

I seriously hope they are not using this extension in the hope that market sentiment will turn around.