Ann: Lockyer Deep-1 Gas Discovery Exceeds Pre-Drill Expectations, page-127

Nothing cryptic there Thadius, pg-3 covers it all.

The mkt got one question answered this morning,
- WL logging results (ie, Discovery vs potential for a Duster).

- There's still a second part that will eventuate in due course, ie flow testing.

- Post flow testing it will come down to how much 2C they can book

- Then it comes down to the Timeframe for follow-up appraisal drilling, capital req'd to drill future wells or sell-down equity.

- Commercialisation, gas sales/tolling agreement etc etc which will b a few moons away.

So, as they go along ticking each box, u should get momentum (up/down) with the SP.