Andy, The answer lies with the Federal and NSW state governments...

Andy,
The answer lies with the Federal and NSW state governments who want to regulate everything they can. The East coast gas shortage of one of the outcome of this.
A 3D seismic today even with low oil prices would be in the region of $5-8M with processing is what one would expect. Would be good that shareholders like us could cough up the money to support this. Let's see if the company can raise this amount. If they can, I would believe that they would skip the 2D and switch to a 3D. Unfortunately, not only is this challenging to MMR, even big oils are not spending money on exploration today.