Ann: TMK: Lucky Fox - 3 Drilling Completed, page-32

Many thanks for that Hardcash, makes sense.

But to take that a step further, given the release of gas is so slow and will take so long to prove up Guvantees, if we wanted to, how the hell do we get out of it for full value when it is such a slow process, and there is a need to drill so many holes ?

I understand the difference in risk of different contingent resources, but given the process there will always then be a large amount of risky resource. (because we have not drilled a hole yet). That then means a discount on value.

So even if in fact the resource is there we will not get full value until we drill a hole, dewater it and derisk it. (if you understand what I mean)

Or is it that the resource is potentially so big anyway that it does not really matter.

I would appreciate your thoughts.

Many thanks