36c. Patersons say over $3, page-171

The one comment in that announcement that made my ears prick up and triggered me to go on a GLL buying spree was the following;-

"the team is now extremely confident of achieving the reservoirdrawdown within the pilot area needed to achieve commercial gas rate targets”, Managing DirectorPeter Lansom stated.

Then in the most recent Production update on 28/09/2018, the last sentence reads:-

http://galilee-energy.com.au/wp/wp-content/uploads/2018/09/Sep-28-Production-Update.pdf

"The pilot will be on production for an extended period to de-water and lower the pressure in thesurrounding coal to achieve a commercial gas flow."

There are no ifs, buts or maybes, management obviously sees it as a fait accompli IMO. Otherwise I would have expected the wording to be something along the lines of "hoping to achieve a commercial gas flow".

This is my opinion only, DYOR and GLTAH