Ann: Bass to Raise up to $4.0m to fund Cooper Basin Activities, page-45

Its pretty simple.... The larger operators are just too large to be operating and wasting these resources on these smaller operations. They would rather put their team on larger, more commercial projects and offload these projects to smaller players.

Also... those aren't my numbers.... the are the company numbers. They have acquired the projects on the basis of an USD$80 oil price... we are at circa USD$115 so that is all cream especially considering we sell in USD and convert to AUD!!

At a circa $7.0mil market cap.... there is only upside ahead really...