Ann: Lockyer Deep Operational Update, page-110

hey lilylou
I reckon under normal circumstances we all probably would of accepted the MIN offer, part one or two.
But the difference is the Lockyer Deep1 gas discovery, it has always been about the discovery and the following exceptional flow rate and analysis which has captured all our imaginations.
But again it won't get any easier, I think MIN will extend their offer again and possible again and again, CE did not start this to take a three quarter time out.
I think it is important that we all understand this as we continue to be the HoldOuts.
We are going to be up against it, so we to keep a very focussed eye on the situation as it unfolds and that unfolding is going to take sometime.
Definitely High risk and High gain situation here.
It seems from all the released data we are on the right track, but still a hard ball get.
Good fortune all and stay alert.
My opinion only.