is it good news, page-20

I don't see how this provides any more bad news than what we already knew. There are a lot of positives here though:

- They have a plan on how to fix it

- Remedial work will be started in October (which we already knew)

- Fixing Ching will take priority over exploration, which we all wanted, and they will try to accelerate fixing it if possible (i.e. starting before October)

- Gas reinjection will be starting up again soon

- Reserves estimate will likely be increased

Crikies, a lot of you seem to be having a go at HDR for releasing this info. At least they are keeping their shareholders informed of the situation, unlike WPL or ROC. AFA I'm concerned, this is the info that we have been waiting for re: Ching.