Ann: Response to ASX Price Query, page-49

It will move when there is news, not before
The next logical step in the process is NOPTA approvals then the funding

Everything Advent and partners has done to date suggests drilling is coming up

BPH win control of Advent
MMR shareholding gets diluted under 50% and is to be dispersed to shareholders (so no big single holder)
Both BPH and BUY announced they reviewed the work program and elected to move to drill ready status
Extension of permit applied for
Mentions of funding in the last round of news

I don't know when they will drill Pep11 but they are making plans 100% clear as day
Getting NOPTA approval is the last hurdle as there shouldnt be a shortage of people to fund this well
Its just $20Miln to drill 30kms away from sydney's coast. The well is extremely cheap in comparison to normal ocean exploration and even better the resource target potential enormous at 6tct

I have been buying BUY
15% shareholder in Advent it will move alright