just for interest, page-50

Agree Clintor3. This says it all where we are at with our j/v with Beach.
A staged and methodical exploration and appraisal program
•Delineation of a significant untapped resource
•Multiple formations present
•Aerially extensive with permits covering more than 800,000 acres (of which 400,000 in APT855, 35.1% owned by Icon)
•In excess of 1,000 metres of gas saturated section (in all of APT855)
•Process takes time and each piece of information important
•Moving up the learning curve.

The next stage commences in July!!!