Iona, thank you for your valuable information.
After last night studying the quoted Abbotts Exploration case (web link already provided) and the PGER Petroleum and Geothermal Energy Resources Act 1967, including sections 31 and 32:
http://www.slp.wa.gov.au/legislation/statutes.nsf/main_mrtitle_11848_homepage.html
I took some advice this morning, which almost matched your advice (the word "puppet" was missing). As you have already well expressed the situation , I don't repeat it here. (We leave the exact formulation to the president of SAT).
I can wait much easier now.
As is it has hardly rained for the last 3 days at the Sunbeam location next door, we should also get the spudding announcement for Sunbeam very soon. Interesting next few weeks!
But the real race will come a couple of months later, when buru confirms the real value of Laurel and therefore also the value of OBL.
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Iona, thank you for your valuable information. After last night...
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