News when it does come was sudden. Any farm out news will happen in a similar way. Some of us are in early to beat the price rise. The risk is always that things don't turn out the way we expect but the price hasn't risen that much.
Will reassess where we are when we hit 1.2 cents again and option prices come into effect. Could blast past this is they can get a good cash component on a farm out. Wondering if it will be more conditional with milestones met clauses on the basis of the 3D still to be shot.
Pancontinental and Eco Atlantic - The last slices of the Orange Basin?, page-32
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