Just,
Agree.
The first one was to show the market they found something.
The second one was to prove to the market independent analysis support their findings.
The third one is to prove to any prospective JV partner/s that we have done exhaustive testings on our prospect.
Of course, these analysis will be tested by prospective JV partner/s before they commit $30 to $40M to drill a well or two.
Now, we just need the Timor Leste and our Gov to resolve the Maritime border dispute, so we can get going with Buffalo.
IMHO, our SP will stay above 15 cents within the next few days as the market digest the significance of Buffalo.
Ann: Buffalo Project Update, page-11
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