I am sure this will not be fully subscribed, so oversubscribers...

I am sure this will not be fully subscribed, so oversubscribers will get everything they ask for. People in Aust resource shares are so apathetic in subscribing to what was a free lunch on this occasion with all the long dated options attached.

We simply need to sit back now and let them drill and see what they come up with. Should be several wells in a row and maybe they will use the money raised to increase their % in the licence as they indicated in the prospectus that they might try to do.

Fun times ahead. Probably just as well the market is having this horrible phase this week and last week. It will all be done with once this issue is finished.