Rainy season in the Kimberley due to kick off in December....

Rainy season in the Kimberley due to kick off in December. Operations suspended in the derby block until end of rainy season.

Backreef-1 needs funding to re-enter and with further shares issued where's the catylst for a sp re-rate ?

A positive outcome for OBL in the latest round of legal proceedings is weighted on our side. A positive outcome on the block is no catylst for a sp re-rate. We will need to do a lot better than that.

We will need plenty more capital for drilling programs when that time arrives. At least we have completed the flora and fauna survey. Good job.

Is that the catylst for the true believers ?

In my humble opinion the next 3 to 6 months will be the time for the opportunistic one-eyed true believer to have a go.