This was more concerning to me, from the Quarterly Report
During the quarter, Carnarvon incurred a net outflow of A$771,000 on exploration and evaluation activities which primarily related to Dorado FEED and Pavo integration workflows, and seismic processing over the Bedout permits.
I believe these seismics where completed in 2021/2022 and I don’t believe any other work has happened except in their heads we should have major concerns about delays STO isn’t popular with some groups and I see why they would want to bring those approvals forward also see another excuse for delays coming while funds get milked.
Now back to that $771,000 outgoing this Quarter, more explanation is needed on that remembering we hold 10 to 20% in this project can we really believe our percentage was that much on a project that isn’t really doing anything.
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