Ann: Pavo-1 Drilling Update, page-3

Looking at exploration Dorado-1 (2018)
June 5th Spud announcement with depth announced at ~1000m
4 Drilling updates released to ASX by CVN/Quadrant
Trading Halt July 16th
Announcement of Caley Oil July 18th

Appraisal
Dorado-2 about 30days, Spud to Caley ~ 4 drill updates
Dorado-3 about 30days, Spud to Caley ~ 4 drill updates

If Pavo-1 is roughly equivalent to Dorado-1 being exploration, cautious in advancing compared to appraisal.
Feb 15th confirm spud announcement at 1000m, (2022).
Trading Halt for Pavo-1 Caley would be expectedafter March 19th.

Until then everyone knows as much as anyone else on Earth. No one on this blue ball know what in Caley at Pavo-1.
Best estimate is around 30% chance of discovery. Buffalo had ~80%, look how that turned out, the fun and realism of probabilities.

I am happily waiting, fingers crossed. Good weekend.