Will be interesting to see how this plays out over coming days &...

Will be interesting to see how this plays out over coming days & weeks - if this forces Magna's hand at all.

Because Magna are not in a JV relationship with OEX they don't have any influence over content/timing of announcements - so Ron is able to playing this out (not spinning) to optimise SP going into the flow test.

If Magna's keen it would be in their interest to contain the SP as long as possible to get confirmation of commerciality from flow test results before launching a t/o. But if the SP starts to get away on them, it might start to put pressure on their decision making timeframes.

I guess I'll have to start thinking about booking a plane ticket for Perth this November - I can't wait to meet Ron and the team at the AGM. I'll be grinning like the proverbial cheshire cat that's swallowed the budgie.