Ann: Appointment of Chairman, page-25

Lethal & Justadabble,

The only thing l would add to your last two posts is that all of your thinking is premised on the basis of outstanding results from the pilot......which cannot be guaranteed!

So many things can go wrong, within and beyond the control of the operator, especially as the pilot requires far more technical/engineering expertise than collecting coal cores from shallow wells. Who knows what is really under that hood? Does the team on the ground have sufficient experience and knowledge for optimum outcomes?

l expect TPD to make a decision before results from the pilot, similar to initiating a credit raise before, not after, an upcoming exploration program. There is too much risk in counting on positive results before chickens are hatched.

My spec only....

HC