The problem with partners, especially at this early stage, is...

The problem with partners, especially at this early stage, is that you'd have to give a chunk of the asset away for not much return (e.g. 50% for $20 million). Otherwise, the partner would be better off taking over the company altogether.
I'd prefer to prove up the resource with some actual flow rates. Hopefully, at that stage, we're trading closer to a $100 million market cap. Then bring in a major, like Sinopec, for a 50:50 joint venture for, say, $100 million of drilling expenditure to prove up the rest of the field.
I would support a Right Issue or SPP if given the opportunity, especially if a few more options are thrown in.
I reckon we will see something in the next couple of weeks.