I wouldn't characterise it as a 'frontier play'.The Northern...

I wouldn't characterise it as a 'frontier play'.

The Northern Carnavon is a producing hydrocarbon basin or in BP's words:

bp Australia’s exploration focus today centres on the Carnarvon basin, offshore Western Australia. This prolific gas basin is home to some of the world’s major LNG developments, including the North West Shelf (NWS) joint venture (JV) in which bp has participated since its inception in the 1970s

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NZO will make an Australian acquisition prior to Ironbark result to build a profile with Australian investors & get some real interest in the company IMO.

A decent acquisition will be a hedge against an unsuccessful outcome with Ironbark.

NZO's undervalued as you know & I believe that relisting on the ASX was the first step in their strategy.

NZO could build itself to become the next Cooper Energy.

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