Ann: Borba and Production Update, page-31

The risk v reward was always going to be skewed towards potential failure probability however the prize was enormous. There still might be some commercial play and it is a duster yet. The disappointing thing is that the real TCF elephant in the Borba area is unlikely. You look at the seismic and the high zone results and the comments from GJ about the potential of the lower zones being the most exciting undertaking in his 48 years of experience simply shows how hard the exploration game is. So we accept that we aren't sending rockets to the moon and either sell, buy the dip or wait and see what is coming in the next 3 to 4 weeks.
I can't help but feel that the share price over the past week or so gave indications however these were contrary to GJ's excitement. The sell before results chalk up another win but that's the game.
I look forward to hearing GJ's next podcast.