good news day hopefully, page-7

Market will probably hate it (seems to hate everyting at the moment), but at 60bpd, thats $2M revenue per year per well at a AUD oil price of $100...and the structure is bigger than 330 so will likely be more wells.

And thats only one interval, the upper interval (the better one) is still to be tested...and the first one tested (the bottom interval) is still not a writeoff.

At least the management this time put in a 'the directors are encouraged by these results because...' spiel

Cdchi1