ann out trading halt.! dingdingding!, page-30

Hi Finch, Timber has probably answered your questions in his answer on modelling Cua-lo vs Dong Fang but just quickly, expected results would be 3.9TCF best case based on pre drill NSAI estimates. Upside would be exceeding this, and if quoted brokers such as Canaccord and BP are correct 6TCF+.

Flows on par with Dong Fang, potential upside given our locational advantage with possible higher porosity and permeability.

CO2 ideally less than 30% weighted across zones for content. Below 20% on same basis would provide upside beyond base expectations.

Brett, I suspect the JV felt strongly about an appraisal well before drilling had commenced and progressed it as new data became available subject to jv partners agreement. It snow balled after the logs came in. I won't disclose my source but it is direct and not Neon.(sorry but need to protect the source).