re: Ann: MD presents to US-Australia Roundtab... The half yearly report from yesterday has discussed the Paralana 3 drill.
It stated that ptr managements numer one priority is to fund the drill.
First time it mentioned funding for the drill.
Management is confident about getting the $13million grant and beach energy support.
So holding on is probably the best strategy at this stage.
Ptr is on the job and I personally think they will find the cash via a joint venture partner.
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