Ann: Queensland Tenement Further Derisked , page-17

Hi all,

Made a small investment last month and I agree with many others on this forum as to the potential of their acreage position and results thus far. Hasn't been mentioned but the presence of He in the Egilabria-4 logs is a very nice bonus.

No chance Ottway-1 will be going ahead this year after VT news (remember this approval was initially planned for H1 2014). Which leaves a farm-in as the only other way to get some cash in the door and avoid going back to shareholders.

Early days but lets hope they can get a deal done at some point over the dry season.

Cheers