Ann: Commencement of WZ6-12 Workover and Drilling Programme, page-4

i doubt they would use it all though

I think at 40-55m AUD capital management will suffice for now remembering that the degree of cash accumulation will allow for a follow uo k. Feb next year or an even bigger one in Aug next year. The key is, so far they seem to be very happy with production performance of w12 8e and by the time they announce any decision would have had 3-4 more weeks of production data

either way irrespective of what we get back ST and how they key is by my calcs next cash is Inc resting by about .65c per month ! All other things being equal and despite the already discounted SP it gets fundamentally cheaper if SP doesn’t move. It touched 16c a fortnight before the ST production shut in. We really should be at 16-17 now