Ann: South Australian Arrowie Basin Arrangements, page-18

Seems Lakes get 500K upfront then 1 million when/if production ramps up in SA and then a further small percentage on wards.  This has to be a good deal and more critically it fills the bank with enough cash to go for another few years till things in VIC change which may happen quickly through Gas shortages or drag out as the greens push back on it.  Looks like we have cash security and some great potential Assets and the Trading Suspension may have stopped many from selling prematurely so doing many a favor actually?
Terrible trading off assets to survive  (world recession with lots of that to come for others hmm), we can get on our feet then be in a position to buy more wells and take over others when they falter?  Lot here to play out that could advantage companies with cash just as in 2008, so this will be interesting the next few years .. Lakes could go from the hunter to the HUNTER!!  ANYTHING IS POSSIBLE NOW.  IMO