saddle up for cinco kids, page-16

If BHP get another 11mnths to drill cinco you may as well tell the market it's next century as it will have the same effect on the sp. We will have to wait and see on that one though but BHP have every right to expect that extension from the FM. Next ann will be DOE's new time frame then BHP will announce they are looking for a "suitable rig" then maybe months down the track we may get a drill date. The markets all about timing and the cinco drill will not be reflected in the sp for some time to come.Nido is only about 3 weeks from it's first exploration well in a 4 well program over the next 12mnths and the sp has done nothing on that front yet. Let's hope we get a bit from Phase 2 and she holds firm until the cinco drill. IMO of course.