Thoughts on these 2 ann, page-13

R15, that sounds about right from what I read but I am not an expert in this. For me I have never understood the emphasis placed on drilling by the mkt, inevitably most times we will be disappointed as drilling by nature is risky. I try to concentrate on the overall commercial risk/reward and ensure that finances are sufficient to buffer any failure and as far as I can see over the past 3 years mgt have also taken a risk based approach to operations. That is why I am here and am confident we have a good team doing their best to grow the company.

We have had several dusters but our revenue and cash from the successes has continued to grow despite some issues largely outside coy control. This is only my opinion and I do understand others may disagree which is good if based on evidence. It is easy to put a one liner out but pretty useless for the mums & dads trying to have a go - each to their own I guess. The consolidation has worked imo so it is very easy now for us to adjust holdings to manage our own risk if not comfortable which again should be encouraged if in doubt.

The recent results were not what was expected imo and there is no sugar coating that. The challenge appears to be whether something can be done to overcome the obstacle.

They haven't given up and history would suggest no matter what comes of this drill they will bounce back with important information gathered for the next ones planned.
Cheers