Gassin I like your energy but I do not see it happening unless...

Gassin I like your energy but I do not see it happening unless oel top 20 shareholders approve ( top 20 hold 70% of stock) add into this the fact phil won't want to lose his cushy number. You don't buy into a small tier oiler for dividends, I think it's time management realised investors are no longer excited by major elephant hunting expositions if it's self funded and instead want organic growth. It's a shame to see WL feed had been kicked back a further 6 months however it may enable the co to repay additional debt in the meantime to make the bank amenable to additional lending. The elephant in the room still has to be the admin spend 6m pa is too much. Why do they need two head quarters in the first place drop additional exploration post gobo focus on WL and additional incremental/development drilling around galoc. You almost get the impression from reading the quarterly report they are trying to somehow justify the admin spend. Simply drop a few sc"s focus on fewer projects drop staff and be a leaner organisation. While synergies do exist between the two companies nod should focus on cost reduction streamline the portfolio