I hope your right cara but as long term holders of OEL we are...

I hope your right cara but as long term holders of OEL we are both aware of the difficulties in dealing with bureacrats in the pines.
Yes shakin, 10% is better than nothing but they will have to hit the high end of expectations at bara to excite the market with only 10%. Huge difference between 10mbo and 20 or 50! It will be disappointing if they strike something and we loose potential 10mbo because of the stroke of a pen. As Dragon takeover as operator of sc63 after the bara drill I wonder if Nido will continue to pursue the 10% if not secured before the first drill. Given we will have to cough up for any future exploration. I can see the Government holding out on this one but gladly allowing the 10% exchange when it comes to the next drill. All IMO only.