Ann: Trading Halt , page-21

Good that recent MMR updates, especially the last one 17th March signalled what was on the way. That ann referred to seismic reprocessing finalisation, upcoming site survey, final rig negotiations with funding in place, environment approval progress, commencement of j/v partner discussions. Seems these guys like to leave clues and the Talbot confirmation was a big one.

Be gobsmacked if the ann next week is disappointing and expect it will be followed shortly afterwards with site suvey update and perhaps others before we get environment approval.

Also hoping for j/v ann by end of May, which would fit nicely into the BPHO expiration clue, but that might be expecting too much.

Best wishes all PEP 11 holders.