Ann: Acquisition of discoverd oil fields offshore - Timor Leste, page-26

What attracted me to Finder initally was their low cost/risk business model. Acquire permits, farm out equity for cash/drill and rinse and repeat; this is a tried and tested method that worked well for years when they were private as I'm sure most of us know. Acquiring these fields is really putting our eggs in one basket and limiting the continued execution of this business model, and as others have mentioned if we don't get a development partner it will lead to further dilution. so I guess the question is will we find a partner? Finder seem to think so "Finder believes
PSC 19-11 will be seen as a very attractive asset by potential partners." Either we do, or we're in for a bumpy ride.

Otherwise we do have a drill or drop decision on Buzzards analogue Whitsun by Nov this year, I doubt we will hear anything until the UK provide some fiscal clarity in their budget this October.