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Ann: Second KORES Drill Grant Secured-SAU.AX, page-64

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    Spoke to Simon at the AGM

    He apologised for the delay but said it was combination of the bureaucracy and the Thai king dying. He didn't give a date for release, but I felt it was soon but he couldn't say.

    He also said that the choice of where to drill with Kores Funding isn't up to SAU alone but that SAU puts in a submission and then the govt decides. Sort of half and half who decides where to drill. Sometimes the govt decision is not based on science.

    Simon mentioned that a lot of drilling in the future will be SAU funded meaning that they will choose where to drill to prove up resources.
 
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