Suggest you have a read of this latest presentation, if you...

Suggest you have a read of this latest presentation, if you haven't already to give some good info.

http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw   

*They are 13 kms from gas processing, so very close. (MOU with Santos in place for processing)   
*Existing MOU with Weston Energy for some supply, so $6m up front payment can come from that. (Precise timing and in what circumstance???)
*If all well, production commence next year from existing T1 2 and 3 wells as I understand it
*Subsequent wells for connection and addition to existing 3, to ramp up production, planned to occur after successful flow testing from 2 and 3 … Cost? $15-20m??? : variety of funding options?
*Stock is absurdly undervalued currently according to the learned amongst us (but what would they know? ha ha …)

Kip