Ann: Warro-4 Retest Completed-TSV.AX, page-9

The original farmin agreement was for Alcoa to spend $100million to earn 70% of warro. How much has been spent is a closely guarded secret. However given we've now deep drilled 6 wells, some fracced, the money must be close to running out, after which tsv will have to contribute its share...which it will struggle to do given high costs of deep dripping. I'm working on the assumption that they've got enough left for one re entry and full scale frac. Hence why they were being so careful...going back and rechecking Warro 4 first, which was encouraging. Hope this helps. If you want more precise info you might want to look at the original farm in announcement. Also some analysts reports over the years have contained details supplied by management...ie not in asx announcements.