Ann: Operations Progress Update, page-54

In my opinion the sp needs to seriously sky rocket upon good news of gas flow rates and reserve upgrade. If it doesn't we will battle and become a cheap takeover target. The resource upgrade announcement is the holy grail of holy grail announcements.

It's the big ticket we've all being waiting for.... Actually that's not quite true.

First it was the environmental approval which was nothing more than a whimper on the sp.

Then it was the confirmation of gas ignition where we all thought it blue skies from there on. The sp actually declined since then, putting shearwood aside as we have spoken enough about him.

The resource upgrade is the last announcement we have for a while to be a catalyst for a massive boost to the sp. 

I hope this one has the impact that we've been patiently waiting for.