I wonder what impact the outcome of K1 might have on the future exploration program. As Grace is close to Kontiki the possibility of similar lithology will presumably be considered, which reduces the chances of success at Grace.
As Lead F is close to Poseidon the prospects of similar lithology could make Lead F a more attractive drill target. Assuming that P2 is a success, Lead F would appear to have better prospects of success than Grace and appears to be the next preferred exploration target.
ANZ
future exploration program
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