The Arc is a good option if you have deep pockets or are highly certain of a positive, market attracting outcome in the absence of a farm in partner . I hope their current data, expertise and cashflow is up to exploiting it economically and in a timely fashion.You just have to follow the tribulations of some of the Cooper Basin operators to understand what's required to deliver this type of project profitably.
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Held