Ann: Killanoola Activity and Innamincka Revenues, page-262

Wow a few on here full of doom and gloom. Why would they continue to invest . they are not very good at reading into statements anything positive.

Whoop de do So we had a set back with the pump on commencement of production. It was not performing to full capacity so god forbid the management thought best to rectify the problem prior to full commencement. I see it as a smart move otherwise a brake down after commencement would have sent the down rampers into a frenzy.

Please note however that for two days they were extracting the oil Yep bringing it to surface. Proof of production success.
And now with the need to do minor work a drill will be fast tracked and that will see 2 new well sites drilled that have been identified from the recent seismic test as a certainty . Fast tracking us to 3 potential wells this first half of year

as for gas who cares if the price was disclosed we have had confirmation that the gas sale price was above award and will also provide an extra income from separated wet products. this can not be factored into the SP until end of quarter when we can all get our been counters out and do the numbers it in detail as for some will it will never be enough.

I do however agree at this stage that more detailed info from AK should come out in regard to time lines .
The replacement pump is critical to our bottom line and should be number one priority and it would not hurt to know lead times on this.
Also lead times on having the drilling rig on site is imperative. Delays in this being delivers will hold back SP but not for ever . it will happen and we all hope bloody soon .

we are now very close to a very important end of quarter and I hope AK reads these posts and fills it with detail and Time lines. we will see our fist invoices paid and that will make a difference .

I for one am very happy to be part of the company that has so far albeit delayed at times but still ticking all the boxes to see successes

Only my thoughts in such a negative time from some . good luck to all who believe