Ann: Latest Company Presentation , page-5

Anyone who thinks that RC is sitting on his arse and praying for those options to come off, should be reading P 21 of this latest report. I think the wheels are in motion for further JV's, VERY QUICKLY.

From P 21.

FARM-IN OPPORTUNITIES WITH MULTIPLE ACTIVITIES.

SURPRISE FIELD, development and appraisal.
* proven hydrocarbon system
* NEAR TERM operational cash flow
* upgrades prospectivitey in surrounding largely under explored area.

HIGHLY PROSPECTIVE EP 115 & EP (A) 137.
MULTIPLE TARGETS, conventional & unconventional.
* stairway sst
* HVS unconvential
* Pacoota sst
* Deeper exploration target resevoirs - Goyder Arumbera Pioneer Heavitree.

To me, it sounds like that there are already the wheels in motion for these JV's.
I firmly believe that this is the 'heads up' of future positive announcements to come from RC.