also, could one of the older holders please clarify this for...

also, could one of the older holders please clarify this for me:

"Discussions with potential JV partners for our North Perth Basin progressed during the quarter
with the objective of securing a JV partner by the end of the first quarter of 2011."

given that they are already reporting for their 2nd Q of FY11, does this mean that they are referring to 1stQ of CY2011?

in which case, does this mean we are going to see a JV partner announced in the next 2 months?

would also explain the uptrend in the chart.