All in all the announcement appears to be a good outcome providing some certainty for investors through to CY18 Q2. It allows for the maturation phase to be completed and the results announced. The SP should not be under any pressure of a CR until after those results are known. There could also be plenty of upside from announcements along the way such as various approvals for FMS and BBIG, and PIOP drilling results and increase in IO reserves. The BBIG FID is due also CY18 Q2 and I do not think that can happen without an agreement for our PIOP IO. I bought more shares today.
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