Bad takeover offer, page-211

Too many unknowns - Drilled one hole which was a "significant discovery" and "exceeds pre-drill expectations".

My gut tells me MIN offer was extremely opportunistic...

Lockyer Deep Prospective Resource was 1.1TCF.

2 LD appraisal wells will be drilled in the very near future.

1 NED "exploration" well will be spudded less then 10kms away.

I think your analysis is floored as you assume this is done and dusted - This is only just heating up!

Things are getting exciting if you ask me.