am i reading too much into this?, page-9

thanks bondijim

Tas2

have re-read your post....and now have a slightly better understanding of what you are saying I think.

so they were farmin partners for only part of the block. If this is correct, I wonder which portion of the tenements they are interested in.

I have sent an email to JH for clarrification.

oooopppps, just writing this out and JH has sent me a reply.....He is good. I did suggest to him I was going to post so here it is.

"The shading represents the Mt Kitty and Magee prospect blocks within EPs 125 and 82 respectively into which He Nuclear is farming in on a 50/25% basis. Extensive seismic has been completed, a couple of more short lines may be done prior to drilling to potentially increase closure
area (which is already significant). The balance (ie unshaded) areas outside of the shaded areas in both of these permits are the areas in which PXA are to fund at a 40/20% basis 3 wells and $3 million of seismic in each of the balance areas."

So there you have it....speculate away on his choice of words.

I must further disclose his next and final comment.
"This has all been announced before but you would have to go back to past ASX announcements to find it all."
So I consider myself suitable smacked....and I guess rightfully so.
What can I say...
today I will limit myself to posting only this message.....well maybe.