Ann: Notice received s203D(2) and s249F of the Corporations Act, page-160

much better strip ratio at Lake Rebecca is why and likely to convert better to reserves
and the costs have gone up a lot since

I do agree about the potential of Lake Roe being better but it is expensive to drill both because of the complexity nd because of being blind .
for me ...firm up that decent bit of open cut into reserves and ignore the rest at present and then drill from underground for better economics .